Ethereum Updates: HyperUnit's $55 Million Crypto Wagers Withstand $1.1 Billion Liquidation Surge
- Ethereum fell below $3,400 on Nov 4, 2025, marking its first annual negative performance since 2025, while Bitcoin neared $100,000 support. - A $110M Balancer hack and Fed Chair Powell's hawkish comments triggered $1.1B in crypto liquidations, wiping out 303,000 traders' positions. - Whale HyperUnit defied the selloff by buying $37M Bitcoin and $18M Ethereum, contrasting with the Crypto Fear & Greed Index hitting 21. - Analysts debate Ethereum's $3,000 support and Bitcoin's $106,600 level, with market st
On November 4, 2025, Ethereum (ETH) dropped below $3,400, recording its first year-to-date loss since the beginning of 2025, when it started trading around $3,353, as reported by a
According to an
During this period of volatility, a well-known crypto whale called HyperUnit has been actively buying. This trader, who previously made $200 million by correctly anticipating the October crash, has opened $37 million in Bitcoin and $18 million in
Bitcoin’s movement is crucial for the entire crypto sector. A fall below $100,000 could trigger widespread stop-losses and intensify bearish sentiment. On the other hand, a recovery above $106,600 may indicate a short-term bottom, especially if institutional investors keep buying. For Ethereum, the $3,000 level is a significant psychological threshold; if it fails to hold, the price could revisit its 2024 lows around $2,800.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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