Why did Ethereum drop? Well the fundamentals haven\u2019t changed for ETH but my net worth has. <\/p>\n
\t<\/span><\/p>\n \t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t \t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t \t\t\t<\/p>\n \t\t \t slid sharply this week, falling more than 7%<\/a> in 24 hours as a mix of structural and psychological pressures collided \u2013 but how is it impacting Ethereum price prediction.<\/p>\n A Yearn Finance<\/a> exploit triggered the initial wave of selling, but the cascade quickly spread across the market, sending BTC down 5%\u00a0 and pulling total crypto market cap below $3Tn.<\/p>\n $1M profit in just 1 hour!<\/p>\n Trader pension-usdt.eth opened a 2x short on 6,358 $ETH<\/a>($18M) an hour ago \u2014 right before the market dropped \u2014 now sitting on an unrealized profit of $1M.https:\/\/t.co\/wWuCTPFTHx<\/a> pic.twitter.com\/RuuVZ5ztlC<\/a><\/p>\n \u2014 Lookonchain (@lookonchain) December 1, 2025<\/a><\/p>\n\n Meanwhile, crypto whales are selling their bags, and short sellers sense an opportunity. Here\u2019s what you need to know for the ETH price:<\/p>\n DISCOVER: Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n One of the day\u2019s biggest headlines came from an on-chain alert showing a\u00a02015 Ethereum ICO wallet<\/a>, that has been dormant for ten years, moving 40,000 ETH, originally purchased for $12,400 at $0.31. That stash is now worth roughly $120 million, a 9,677x return by today\u2019s pricing.<\/p>\n Despite fears of a selloff, no exchange deposits were detected.<\/p>\n \u00a0Lookonchain<\/a>: \u201cThe transfer appears to be an internal move, not a liquidation event.\u201d<\/p>\n A whale transferred $120,000,000 in $ETH<\/a> after 10 years of dormancy.<\/p>\n He bought them for just $12,400 and is now sitting on a 9,633x return.<\/p>\n Life-changing wealth with Ethereum. pic.twitter.com\/sOaBGLgMyz<\/a><\/p>\n \u2014 Ted (@TedPillows) November 30, 2025<\/a><\/p>\n\n Historically, early-era ETH whales have caused more social-media panic than real market damage. Dormant wallet activations are narrative events, not typically liquidity events.<\/p>\n DISCOVER:\u00a0<\/span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n The real trigger came from a Yearn Finance exploit reported by CoinDesk, which blindsided markets already stretched by leverage. As the exploit circulated, ETH futures unwound aggressively, and more than $600M in crypto liquidations hit the tape, per CoinGlass.<\/p>\n CoinGlass data<\/a> shows a sharp increase in ETH futures open interest through late November, followed by a violent flush as traders were forced out. Retail investors accused insiders of front-running the exploit, though no evidence supports the claim.<\/p>\n (Source: CoinGlass<\/a>)<\/p>\n Meanwhile, Taiwanese whale Machi Big Brother once again found himself on the wrong side of volatility. His partial liquidation left him holding 3,300 ETH at 25x leverage, with a liquidation price of $2,831.58.<\/p>\n Screenshots of his HYPE and ETH perpetual positions show another $1.7M in forced closes and a -108% ROE. Analyst Wukong: \u201cThis is what happens when you treat ETH like a casino chip instead of collateral.\u201d<\/p>\n Machi(@machibigbrother<\/a>) just got partially liquidated again as the market dropped!<\/p>\n He still has a 3,300 $ETH<\/a>($9.4M) long position left, with a new liquidation price of $2,831.58.https:\/\/t.co\/uxkXmHSGbg<\/a> pic.twitter.com\/XnigX3im8G<\/a><\/p>\n \u2014 Lookonchain (@lookonchain) December 1, 2025<\/a><\/p>\n\n From a data perspective, Ethereum remains in a fragile spot.<\/p>\n CoinGecko<\/a> shows ETH trading on fading spot volume, while Glassnode\u2019s funding rate metrics indicate an unhealthy tilt toward high leverage even after this washout. FRED data on global liquidity continues to trend downward as Japan signals tightening and US real yields remain elevated.<\/p>\n EXPLORE:\u00a0XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n Why did Ethereum drop? Well the fundamentals haven\u2019t changed for ETH but my net worth has. <\/p>\n From a data perspective, Ethereum remains in a fragile spot. <\/p><\/div>\n The post Why Did Ethereum Drop? Crypto Crash Dents Ethereum Price Prediction for December<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Why did Ethereum drop? Well the fundamentals haven\u2019t changed for ETH but my net worth has. Ethereum ETH $2,841.69 4.67% Ethereum ETH Price $2,841.69 4.67% \/24h Volume in 24h $19.79B <!– ? –> Price 7d Learn more slid sharply this week, falling more than 7% in 24 hours as a mix of structural and psychological […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-116893","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116893"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=116893"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/116893\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=116893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=116893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=116893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n\t<\/p>\nWhy Did Ethereum Drop? A 2015 ICO Whale Reawakens After a Decade<\/h2>\n
The Yearn Exploit Sparks a Broader Selloff: What\u2019s Next For Ethereum Price Prediction?<\/h2>\n
Market Conditions Still Favor Volatility For ETH USD Price<\/h2>\n
Key Takeaways<\/h2>\n