
{"id":91045,"date":"2025-08-25T13:38:25","date_gmt":"2025-08-25T13:38:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91045"},"modified":"2025-08-25T13:38:25","modified_gmt":"2025-08-25T13:38:25","slug":"ethereum-plummets-after-4950-liquidity-grab-is-a-bigger-dump-coming","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91045","title":{"rendered":"Ethereum Plummets After $4,950 Liquidity Grab: Is a Bigger Dump Coming?"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<p>Ethereum was rejected at $4,950, liquidating $720M longs, now testing $4,500 support with $4,300 risk.<br \/>\nWhales added $1.6B ETH this week, with demand zones aligned at $4,590\u2013$4,760 Fibonacci cluster.<br \/>\nHistorical data shows September pullbacks often follow strong August gains, leaving ETH vulnerable below $4,500.<\/p>\n<h2>Ethereum Price Action<\/h2>\n<p>Ethereum surged to a new all-time high of $4,950 on August 24 before losing momentum. The token has since pulled back to around $4,550, down 4.5% over the past 24 hours, though still up 8% on the week. Since early August, ETH has climbed 26% and remains more than 220% above its yearly low.<\/p>\n<p>Meanwhile, the reversal came during a wave of <a href=\"https:\/\/cryptopotato.com\/300m-in-longs-liquidated-in-1-hour-bitcoin-crashes-ethereum-rejected-at-5k\/\">liquidations<\/a> across the market. More than $720 million in positions were wiped out in the last day, with nearly $500 million tied to Bitcoin and Ethereum longs. The rejection near $4,950 triggered much of the flush.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/GzLiunhWsAAQwxy.jpeg\"><\/a>Source: <a href=\"https:\/\/x.com\/coinbureau\/status\/1959880927372320922\" target=\"_blank\" rel=\"noopener\">X<\/a><\/p>\n<h2>Liquidity Grab and Support Levels<\/h2>\n<p>Analyst Lennaert Snyder said Ethereum \u201ctook liquidity above $4,880 and flushed leveraged longs.\u201d He added that ETH is \u201ccurrently testing ~$4,500 support, but it doesn\u2019t look strong.\u201d<\/p>\n<p>Snyder pointed to $4,693 as the key range low for bulls to reclaim quickly. A <a href=\"https:\/\/cryptopotato.com\/ethereum-price-analysis-is-eth-about-to-break-past-5k-after-recent-ath\/\">recovery<\/a> above that level could open another move toward $4,880. If $4,500 fails, the chart suggests ETH could slide to $4,300, which marked the start of its last impulse higher.<\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a> took liquidity above $4,880 and flushed leveraged longs.<\/p>\n<p>Currently testing ~$4,500 support, but is doesn\u2019t look strong.<\/p>\n<p>Best case scenario for the bulls is to reclaim $4,693 rangelow asap.<\/p>\n<p>If we lose here, Ethereum will probably retest the $4,300 start impulse. <a href=\"https:\/\/t.co\/Mkl4BtFizy\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/Mkl4BtFizy<\/a><\/p>\n<p>\u2014 Lennaert Snyder (@LennaertSnyder) <a href=\"https:\/\/twitter.com\/LennaertSnyder\/status\/1959890349515509906?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 25, 2025<\/a><\/p>\n\n<p>The $4,880 zone now acts as immediate resistance, while $4,500 remains under pressure.<\/p>\n<h2>Whale Buying and Institutional Flows<\/h2>\n<p>Large players have been active in recent sessions. Wise Crypto <a href=\"https:\/\/x.com\/WiseCrypto_\/status\/1959828068643877128\" target=\"_blank\" rel=\"noopener\">noted<\/a> that whales added more than $1.6 billion worth of ETH this week, even as volatility increased. They described $4,590\u2013$4,760 as a demand area that aligns with the 0.5 Fibonacci retracement at $4,780.<\/p>\n<p>Wise Crypto highlighted $4,950 (0.618 Fib) as the resistance to clear. A break above that line could set a path toward $5,500, with checkpoints at $5,190 and $5,500.<\/p>\n<p>At the same time, CryptoQuant analyst Darkfost <a href=\"https:\/\/cryptopotato.com\/massive-whale-buying-spree-could-catapult-ethereum-eth-beyond-5000\/\">pointed <\/a>to continued whale accumulation on Binance.<\/p>\n<p>\u201cSince July, we have seen a significant increase in demand coming from Binance whales,\u201d they wrote.<\/p>\n<p>According to the analyst, their activity shows a preference for building positions after explicit trend confirmation, which could provide extra support if ETH attempts another push toward $5,000.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/5ojvu00KA_9daf2e6a1db2490dda650ce12103089064fb5bf9b533c66c6ebd4e5c115618c7.webp\"><\/a>Source: CryptoQuant<\/p>\n<p>Ethereum\u2019s rally in August has been strong, but historical trends indicate that September often brings corrections after a profitable August. Data from CoinGlass suggests the same could apply this year.<\/p>\n<p>For now, ETH sits between critical levels: $4,690 on the upside and $4,500\u2013$4,300 on the downside. A reclaim could reignite momentum toward $5,000, while failure may reinforce seasonal weakness.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-plummets-after-4950-liquidity-grab-is-a-bigger-dump-coming\/\">Ethereum Plummets After $4,950 Liquidity Grab: Is a Bigger Dump Coming?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR Ethereum was rejected at $4,950, liquidating $720M longs, now testing $4,500 support with $4,300 risk. Whales added $1.6B ETH this week, with demand zones aligned at $4,590\u2013$4,760 Fibonacci cluster. Historical data shows September pullbacks often follow strong August gains, leaving ETH vulnerable below $4,500. Ethereum Price Action Ethereum surged to a new all-time high [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":91046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91045","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\/91045"}],"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=91045"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91046"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}