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Ethereum Price Plummets to $1,400 Amid Trump-Linked Sell-Off

Ethereum Price Plummets to $1,400 Amid Trump-Linked Sell-Off

Ethereum News
Release Time:
2025-04-11 05:10:23
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[TRADE_PLUGIN]ETHUSDT,ETHUSDT[/TRADE_PLUGIN]

The Ethereum (ETH) price experienced a sharp decline, dropping to $1,400 following a significant sell-off by a wallet associated with World Liberty Finance, a decentralized finance protocol linked to former US President Donald Trump. Blockchain analytics platform Lookonchain identified the sell-off as a potential catalyst for the crash, raising questions about market manipulation and the influence of large-scale transactions on cryptocurrency prices.

Ethereum Price Crash Linked to Trump’s World Liberty Finance Sell-Off

The Ethereum price crashed to $1,400 after a major sell-off by US President Donald Trump’s World Liberty Finance. Blockchain analytics platform Lookonchain revealed that the wallet associated with World Liberty Finance, a decentralized finance protocol linked to Trump, dumped a significant amount of Ethereum just before the price crash, suggesting it may have been a primary catalyst behind ETH’s decline.

Ethereum (ETH) Among Top 3 Altcoins to Potentially Turn $250 into $25,000

Investing $250 to reach $25,000 might sound ambitious, but Ethereum (ETH), Dogecoin (DOGE), and Mutuum Finance (MUTM) are high-growth candidates of 2025. Ethereum anchors decentralized applications, Dogecoin rides ETF speculation, and Mutuum Finance leverages presale momentum. While these tokens all provide access to exponential gains, Ethereum continues to be vital within decentralized ecosystems, with its blockchain supporting everything from NFTs to smart contracts. Upgrades such as the Merge and increasing institutional access underpin its long-term potential.

Ethereum (ETH) Dips 7% As Key Indicators Remain Bearish

Ethereum has dipped 7% as key indicators remain bearish. The BBTrend remains strongly negative with a current reading of -18, up slightly from -21.59 before a recent announcement, signaling caution. Whale accumulation has stalled, and the EMA structure remains bearish. A stronger wave of buying pressure may be needed for Ethereum to break out of its current downtrend.

Ethereum: Potential Market Bottom Forming, Consider Buying ETH

Ethereum (ETH) traded within a falling channel as active addresses and MVRV flashed accumulation signals. While whales and OGs were unloading, metrics suggested a potential market bottom forming. Long-term holders have entered “capitulation” territory, often signaling the final phase of a bearish cycle. At press time, ETH was trading at $1,591.63, showing a 7.32% increase in the last 24 hours, hinting at a possible momentum shift.

Ethereum Price Cools Off; Momentum Fading?

Ethereum price started a fresh increase above the $1,550 zone but is now correcting gains from $1,680 and finding bids NEAR the $1,500 level. The price is trading below $1,580 and the 100-hourly Simple Moving Average. A new connecting bearish trend line is forming with resistance at $1,550 on the hourly chart. The pair could start a fresh increase if it clears the $1,580 resistance zone.

Ethereum ‘Set For Potential Rally’ After 10% Surge

Ethereum (ETH) has recovered 10% in the past 24 hours due to the US administration’s 90-day pause on trade tariffs for over 75 nations. The second-largest crypto by market capitalization now targets the $1,800 resistance level. Earlier this week, Ethereum hit a 2-year low of $1,385, losing the lower zone of its $2,100-$3,900 macro range and retracing around 16% in the past month. Many analysts have noted that ETH’s bleeding might not be over, but the recent surge has provided some Optimism for a potential rally.

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