TL;DR<\/p>\n
Ethereum falls near $3,600, risking liquidation of high-leverage long positions held by traders.<\/span> Ethereum (ETH) fell below $3,700 after hitting a recent peak of $3,850. The price traded at around $3,650 at press time.\u00a0<\/span><\/p>\n ETH trading volume remains high, with over $53 billion in activity in the past 24 hours. The daily price dropped about 2%. Despite the pullback, ETH is still up nearly 24% in the last seven days.<\/span><\/p>\n Consequently, crypto traders are paying attention to leveraged positions around the $3,600 to $3,700 range. Analyst CW shared that ETH is now in an area with heavy long positions. To trigger liquidations, the price would need to fall closer to $3,600.<\/span><\/p>\n $ETH<\/a> is falling and has reached a high leverage long position accumulation area.<\/p>\n However, in order to liquidate the high leverage long position, it needs to fall to $3600.<\/p>\n Whales will not easily allow retail investors to have high leverage positions. pic.twitter.com\/tUeOx7e1fT<\/a><\/p>\n \u2014 CW (@CW8900) July 22, 2025<\/a><\/p>\n\n Lookonchain <\/span>shared<\/span><\/a> that trader AguilaTrades, who recently switched from short to long, is down nearly $3 million. The liquidation level on this position is $3,654.77. With the price hovering just above that, further losses could push it into liquidation and add to selling pressure.<\/span><\/p>\n Large buyers continue to add ETH. BlackRock\u2019s ETF recently added<\/a> <\/span>more than 27,000 ETH, worth about $100 million. Ethereum also led digital asset <\/span>inflows<\/span><\/a> last week with $2.12 billion, setting a new record.<\/span><\/p>\n As <\/span>reported<\/span><\/a> by CryptoPotato<\/em>, the Ethereum team is preparing for the Fusaka upgrade, which is expected to go live in early November. This upgrade aims to improve the network\u2019s speed and efficiency.\u00a0<\/span><\/p>\n Additionally, two days after Fusaka\u2019s mainnet launch, a new testnet called Devnet-3 is scheduled to go live. Meanwhile, developers are already working on the next upgrade phase, known as Glamsterdam.<\/span><\/p>\n Ethereum is once again nearing the $4,000 level. This price was the peak during the 2021 cycle. <\/span>According<\/span><\/a> to analyst BitBull, this zone is likely to act as the final barrier before a breakout.<\/span><\/p>\n Past cycles show that Ethereum tends to move fast after clearing major resistance. Projections show a possible target range between $13,000 and $17,000 if the pattern repeats.<\/span><\/p>\n The post Ethereum (ETH) Slips as Whales Hunt Overleveraged Longs Below $3.7K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR Ethereum falls near $3,600, risking liquidation of high-leverage long positions held by traders. BlackRock\u2019s ETF adds $100M in ETH, while Devnet-3 launches shortly after the Fusaka upgrade. Analysts see $4,000 as the final hurdle before Ethereum targets $13K to $17K levels. ETH Drops Back After Strong Weekly Rally Ethereum (ETH) fell below $3,700 after […]<\/p>\n","protected":false},"author":0,"featured_media":82756,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82755"}],"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=82755"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/82756"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nBlackRock\u2019s ETF adds $100M in ETH, while Devnet-3 launches shortly after the Fusaka upgrade.<\/span>
\nAnalysts see $4,000 as the final hurdle before Ethereum targets $13K to $17K levels.<\/span><\/p>\nETH Drops Back After Strong Weekly Rally<\/h2>\n
BlackRock and Developer Activity<\/h2>\n
$4,000 Level Seen as Key Barrier<\/h2>\n