Ethereum $3000 support level tug-of-war: whale's $500 million dilemma and market liquidation crisis

SerumDegen · 2025-12-13T23:20:10+00:00

Ethereum is in a fierce battle at the $3000 level, with a whale deploying $537 million in long positions at $3175, but currently facing a unrealized loss of $20.5 million. The market has experienced $120 million in liquidations, and the current situation could lead to the whale's cost basis being broken or a large-scale rebound. The situation is like a tightly stretched string, ready to snap at any moment.

SerumDegen

2025-12-13 23:20:10

Abstract generation in progress

【Crypto World】The tug-of-war around the $3000 mark for Ethereum has entered a fever pitch. A huge whale built a long position worth $537 million at $3175, and now this order is already showing a unrealized loss of $20.5 million, clearly indicating that the expected rebound has not yet arrived. More painfully, in the past 24 hours, the market has experienced $120 million in liquidations, with long positions being swept out one after another.

Interestingly, the realized price of major holders is approaching a rare historical key level. This situation has traditionally two possible outcomes: either breaking below the whale’s cost triggers a new wave of liquidations, or it rebounds to initiate a large-scale accumulation. The current scenario is like a tensioned string, ready to snap in any direction.

ETH-0,89%

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PumpBeforeRug

· 2025-12-16 21:20

Whales lost 20.5 million but are still holding on. Their mental resilience is truly incredible... I think sooner or later, it will break through 3000. The liquidation machine isn't full yet.

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MysteryBoxBuster

· 2025-12-15 22:49

This whale probably has to eat dirt; over 500 million just lost like that.

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FloorPriceWatcher

· 2025-12-13 23:39

The whales can't hold up this time either. A single order of over 500 million is floating at a loss of more than 20 million. This is probably just the beginning.

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GasFeeCry

· 2025-12-13 23:35

Over 500 million longs are all in the red. How tough must this whale's heart be?

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GasFeeSobber