After 21 hours of continuous talks in Islamabad, Pakistan, the U.S.-Iran peace deal broke down on April 12, 2026. Financial experts said that this will now trigger a market crash once the market opens on Monday.
This fearful behavior can be seen in whale activity, too. A large whale made a big trade of over $10 million as soon as Bitcoin dropped below $71,000. This is often seen as a sign that the current trend may continue.
At the same time, market makers are selling, and both open interest and spot trading volume are going down.
In Ethereum, a whale holding 131,000 ETH (worth about $288 million) recently made a profit. They bought 5,039 ETH at $1,985 two weeks ago and just sold 5,000 ETH at $2,202, locking in gains.
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