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Ethereum (ETH) is facing a price correction amid a larger market dip. According to CoinGecko data, ETH’s price has fallen 1.3% in the last 24 hours, 1.5% in the last week, and nearly 4% in the 14-day charts. However, the second-largest cryptocurrency by market cap has maintained a 14.1% rally in the monthly charts and 26.6% since late April 2025. Let’s discuss what could be behind ETH’s latest price dip. Source: CoinGecko Why Is Ethereum Facing A Price Correction? Source: Pixabay Ethereum’s (ETH) latest price dip comes amid a market-wide decline. Bitcoin (BTC) climbed to the $79,000 mark on April 27, but has since fallen to the $76,000 level. BTC’s price correction may have triggered a market-wide dip. Bitcoin (BTC) is the market leader, and other assets tend to follow its trajectory. Ethereum’s (ETH) price correction comes in tandem with whales moving more than $100 million worth of coins to exchanges. The movement of assets from wallets into exchang...

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As XRP struggles to reclaim the $3 resistance zone, the asset has received a major boost from whales, a notable vote of confidence amid the current bearish market sentiment. Specifically, on-chain data revealed that whales accumulated more than 340 million XRP in the past two weeks, according to cryptocurrency analyst Ali Martinez’s August 31 X post. This surge in buying suggests that deep-pocketed investors are positioning themselves for a potential rebound despite the token’s recent price weakness. XRP whale transactions. Source: Santiment XRP key price levels to watch  Meanwhile, another Analysis by Martinez identified key price levels to watch for the asset. He noted that $2.76 remains a critical level, having repeatedly acted as a floor for price action over the past month, with buyers stepping in to defend it multiple times. Holding above this line is key to preventing further downside pressure. If the $2.76 support remains intact, XR...

Wall Street Pepe ($WEPE) has surged 57% to become the No. 1 trending meme coin on Dexscreener as traders buy into its use case. Wall Street Pepe has set course to shake up the trading scene by beating the whale manipulators at their own game. Retail traders are sick and tired of playing in a twisted market where insiders grab all the loot, as we have allegedly just seen with the launch of the $LIBRA coin. Wepe is No.1 on @dexscreener pic.twitter.com/0Ayri0EcO9 — Wall Street Pepe (@WEPEToken) February 19, 2025 Having said that, $WEPE is now attracting whale buyers who are true believers in the project. They are snapping up the opportunity to buy the tokens after the price dipped to $0.000065 on the back of profit-taking.  One whale bought $92k worth of $WEPE tokens in a swoop today at 12:04pm UTC. https://etherscan.io/tx/0xba25eddaeb18fd0e363a213d4a0c16f0ee727debfd0cb63c2f6a66e7499abd72 Wall Street Pepe: $6M Tra...

A meme coin frenzy has erupted around “Broccoli” meme coins after former Binance CEO Changpeng Zhao, aka CZ, revealed his dog’s name in a post on X. Popular meme coin platforms such as Pump.fun and BNB Smart Chain’s Four.Meme have seen an influx of new tokens named after Zhao’s Belgian Malinois canine. CZ Says He Is Not Launching His Own Meme Coin While CZ appeared to be contemplating launching his own meme coin, he said in the Feb. 13 X post that he decided not to proceed. “I am NOT issuing a meme coin myself,” he said.  He added that it is up to the community whether they want to launch a token inspired by Broccoli or not. Broccoli's Story A year and a half ago, I casually chatted with a friend who owned a (real) zoo in Dubai. Curious, I asked what dog breed is adapted to the Dubai summer heat. I had no plans to get a dog. Later that evening, my doorbell rang, and a young Belgian Malinois showed… pic.twitter.com/vSLiHiS4f...

A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market dip. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 98,300 followers that deep-pocketed investors have loaded up on smart contract platform Cardano during the last two days. “Cardano whales bought over 80 million ADA in the last 48 hours!” Source: Ali Martinez/X Cardano is trading for $1.14 at time of writing, a 6.22% decrease during the last 24 hours. Moving on to the dog-themed meme asset Dogecoin, Martinez notes that whales holding between 10 million and 100 million DOGE bought a staggering 210 million tokens during the digital asset’s latest correction earlier this week. Source: Ali Martinez/X Dogecoin is trading for $0.402 at time of writing, a 4.7% decrease on the day. Going to the top crypto asset by ma...

The Cardano price soared over 11% in the last 24 hours to trade at $0.8791 as of 7:28 a.m. EST as investors go long on the altcoin. With the recent surge, the ADA price was able to reach its highest point since May 2022. It is, however, still down over 72% from the all-time high of $3.10 it set on Sep. 2, 2021. Cardano Price Clears The $0.8381 Resistance 4-hour chart for ADA/USD (Source: GeckoTerminal ) The Cardano price rose above the resistance level at $0.8381 in the last few hours, according to GeckoTerminal data . If the altcoin closes the next 2 4-hour candles above this mark, it could have a solid technical foundation to rise off from and continue its ascent. Traders might subsequently push the Cardano price up to above the $0.9127 barrier in the short term. ADA’s bullish move could come to an end if traders decide to realize their profits from the crypto’s recent rally. Sell pressure has already started to enter the crypto’s price, which is evident by the...

Whales have been gobbling up Ethereum (ETH), the native token for the decentralized exchange (DEX) Uniswap (UNI) and a handful of other decentralized finance (DeFi) tokens, according to the crypto tracker Lookonchain. Lookonchain notes one unknown whale wallet withdrew 299,133 UNI worth $2.39 million from the crypto exchange Gate.io over the weekend. The same whale has also recently been accumulating other DeFi altcoins, withdrawing 19,373 Aave (AAVE) worth $2.95 million and 596 Maker (MKR) worth $805,000 from Binance between August 13th and Sept 12th. Lookonchain also notes that a whale wallet related to the investment firm Longling Capital bought 5,000 ETH worth $12.34 million over the weekend. The wallet now holds a total of 68,064 ETH worth more than $168 million. A third whale bought 31,173 AAVE worth $4.8 million on Sunday and subsequently deposited it into Aave to borrow funds and accumulate more tokens. “Then he borrowed 2.7 million GHO from Aave a...

Bancor (BNT) price rose more than 70% to $0.69, the coin’s highest level in two months.  BNT price surged as whale activity and network growth drove buyside pressure. Geopolitical events in the Middle East have dampened markets, but analysts say Bancor could surge to new multi-month highs. Bancor recorded a significant bump in price over the weekend, rising to a two -month high of $0.69 as BNT buyside pressure saw it outpace Bitcoin and top altcoins. The coin’s upside of 71% for the 24 hours to Monday morning came even as the fresh geopolitical events appeared to dent sentiment battered by inflation and interest rates concerns. Bancor price surges as markets weigh Israel-Hamas conflict Ahead of markets opening on Monday, US stocks were down and Bitcoin, Ethereum and most altcoins were trading lower. Investor jitters come as analysts point to the potential impact of a full-scale war in the Middle East following Israel’s retaliation to...