ETH Whale Accumulation and US-China Trade Disputes Cause Ethereum to Drop 15% to $3,822
Amidst a fresh crypto market meltdown, Ethereum’s (ETH) price fell below the critical $4k mark, causing a further upheaval. In spite of price volatility, organizational activity offers an alternative viewpoint. According to statistics released today by industry analyst Lookonchain, institutional and whale demand for ETH is not showing any signs of slowing down despite the market decline. Whale wallets purchased a staggering 47,488 ETH tokens earlier today, confirming long-term interest in the financial instrument despite notable price consolidations.
Crypto Market Losses Billions as Dynamics Shift
Due to the sharp declines in Bitcoin and Ethereum, which erased previous price increases and resulted in liquidations totaling more than $5 billion, the virtual currency market entered a turbulent phase this week. The resurgent US-China trade conflicts are the driving force behind the widespread selling pressure in the cryptocurrency market.
US President Donald Trump vowed yesterday, Friday, October 10, 2025, to slap 100% tariffs on Chinese goods starting on November 1 of the following month. The measure, according to the president, is an attempt to retaliate against China’s unwelcome export restrictions on vital earth minerals and critical parts used in electric cars, smartphones, and military gear.
Ethereum is presently trading at $3,822.26, down from a recent rise to $4,750, while Bitcoin is trading at $111,621, down 8.8% over the last week.According to market analysts, this dramatic consolidation could either reorganize market momentum or signify a larger macro-triggered market downturn ahead.
Big investors don’t seem to care about the renewed volatility. Whales are actively accumulating Ethereum from on-chain platforms, putting their holdings in long-term plans and DeFi methods, according to Lookonchain data released today.
Two wallets linked to BitMine Immersion Technologies took out 33,323 Ethereum, valued at $126.4 million, from FalconX and Kraken today, according to the analyst’s data. BitMine, which is a renowned corporate Ether holder, acquired an additional 33,323 ETH to be part of its corporate treasury. An OTC whale, also discovered by Lookonchain, bought 14,165 ETH through FalconX, Coinbase, and Wintermute for a total of $55.5 million. The appearance of these sizable wallet inflows suggests that affluent investors—particularly institutions—are preparing for ETH’s upcoming explosion.
Next Moves for ETH Price
With its current price of $3,822.26, ETH is below the crucial $4k mark, indicating short-term bearish momentum. The well-known altcoin dropped the critical $4k support region as a result of the cooling user attitude in the larger digital asset market. The decline indicates that major investors are taking profits, which means the asset will likely create a sideways trend before showing discernible movement.
Disclaimer and Risk Warning
coinweck does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. coinweck should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.