Ethereum price dips as a whale capitulates with a big loss
Crypto NewsMonday, May 19, 2025 at 2:03:45 PM
Ethereum's price took a hit Monday, slipping to $2,400 after a major investor—often called a "whale" in crypto circles—threw in the towel and sold at a steep loss. The drop comes amid broader nervousness in both crypto and traditional markets, erasing some of Ethereum's gains from earlier this month when it was flirting with $2,700.
What This Means: When big players bail out at a loss, it often signals deeper unease in the market. For everyday crypto holders, this could mean more volatility ahead—especially if other whales start panicking too. It’s a reminder that even the "blue chips" of crypto aren’t immune to sudden swings.
— Curated via WP Now’s AI editorial system
