Ethereum price today fell below its two-week low and is now trading around $1,877, dropping nearly 5.6%. The price drop has also triggered massive liquidations. As the Ethereum price saw liquidations worth over $115 million after falling below $1,900.
If this happens, it may create a strong long-term accumulation opportunity before the next major rally begins. This could lead to a long-term target near $10,048.
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FAQs
Ethereum dropped below $1,900 after heavy whale selling and $115M in liquidations, increasing short-term selling pressure across the market.
Buterin sold ETH recently, which may add sentiment pressure. However, broader whale selling and leveraged liquidations also drove the decline.
Yes. Large wallets reduced holdings by millions of ETH recently, signaling risk reduction and adding pressure to price action.
It depends on your strategy. Long-term investors watch key support levels, while short-term traders wait for price stabilization and trend confirmation.
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