Crypto Whales React as Bitcoin, Ethereum Crash on Tariff Fears
Panic sentiment is sweeping across the investment community as the crypto market plunges under pressure from new global tariff policies.
Amidst the chaos, crypto whales show two contrasting trends: aggressive sell-offs to cut losses and strategic accumulation in anticipation of a rebound.
Crypto Market Plummets as Tariff Pressure Mounts
The crypto market is in freefall, with both Bitcoin and Ethereum facing steep declines. Bitcoin has dropped below the $75,000 mark, down 5.75% in the past 24 hours. Ethereum has suffered even more, plunging below $1,400—a 9.36% loss over the same period.
According to data from Coinglass, if Bitcoin breaks below $74,000, liquidation pressure could trigger over $953 million in…