Ethereum

Dollars

Millions

when

<ul>
 <li><strong>ETH price broke out of the support level of $4,389.69.</strong></li>
 <li><strong>Ted Pillows hinted that there could be a new dip buying zone between $3,700 and $3,800.</strong></li>
 <li><strong>A whale wallet panic sold 1,000 Ethereum tokens.</strong></li>
</ul>
<p>ETH price was set for a support margin of around $4,300, but the token has broken that level. It is anticipated that the price will further decline in the days to come. A whale has reportedly sold Ethereum tokens worth more than $72 million. Simultaneously, another whale engaged in panic sales days after buying at a low ETH price.</p>
<h3 class="wp-block-heading" id="h-eth-price-breaches-near-support-margin">ETH Price Breaches Near Support Margin</h3>
<p>ETH price had a support level of $4,389.69 when it was hovering around $4,500. However, Ethereum token has broken that margin by declining to $4,154.02. This reflects that the Ethereum token has plummeted by 7.05% in the last 24 hours. It is now estimated that ETH price could fall to a lower value instead of positively reacting to the <a href="https://thenewscrypto.com/us-federal-reserve-cut-rate-btc-price-and-eth-price-commence-upticks/" target="_blank" rel="noopener noreferrer nofollow">25 bps rate cut</a>.</p>
<div class="wp-block-image">
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  <img loading="lazy" width="1024" height="420" src="https://thenewscrypto.com/wp-content/uploads/2025/09/image-409-1024x420.png" alt="">
  <figcaption>
   Source: <a href="https://coinmarketcap.com/currencies/ethereum/" target="_blank" rel="noopener noreferrer">CoinMarketCap</a>
  </figcaption>
 </figure>
</div>
<p>The ETH price also reflects a decline of 8.02% in the last 7 days and 12.23% in the last 30 days. Thereby, establishing a breakout beyond the daily chart triangle. The crucial resistance mark of Ethereum token is at $4,529.56, slightly above $4,482.93, which is an alternative resistance zone. Ongoing volatility is 2.98%, FGI is 45 points, and overall sentiments are bearish around ETH price.</p>
<h3 class="wp-block-heading" id="h-whale-activity-amid-heavy-liquidation">Whale Activity Amid Heavy Liquidation</h3>
<p>Ted Pillows, a notable opinion leader, highlighted that a whale sold Ethereum tokens worth $72.88 million. Ted added that the sale was made just moments ahead of the market dump. Ted Pillows earlier noted that ETH was trapped in a liquidity level of $4,100. He then added that a dip between $3,700 and $3,800 could be his new buying zone.</p>
<div>
 <blockquote class="twitter-tweet">
  <p>A whale sold $72,880,000 in <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> just before the market dump.<br><br>He definitely knew something. <a href="https://t.co/rbV1GuSpRe" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/rbV1GuSpRe</a></p>— Ted (@TedPillows) <a href="https://twitter.com/TedPillows/status/1970043137306587556?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 22, 2025</a>
 </blockquote>
</div>
<p>The whale activity comes at a time when funds worth $635 million have been <a href="https://thenewscrypto.com/millions-liquidated-from-cryptocurrency-market-amid-global-crypto-price-fall/" target="_blank" rel="noopener noreferrer nofollow">liquidated in just 24 hours</a>. Selling cryptocurrencies worth millions of US Dollars is attributed to the rising global economic uncertainty and the intention of profit-taking. It has also been reported that funds worth $1 billion were liquidated from the crypto market in 60 minutes.</p>
<h3 class="wp-block-heading" id="h-panic-selling-at-low-price">Panic Selling at Low Price</h3>
<p>According to a report by Lookonchain, a whale wallet 0x3c9E engaged in panic selling of 1,000 Ethereum tokens. They were worth approximately $4.19 million at the time of the transaction. Lookonchain noted that the whale wallet 0x3c9E has often engaged in <em>buying high &amp; selling low</em>.</p>
<div>
 <blockquote class="twitter-tweet">
  <p>The "buy high, sell low" whale 0x3c9E panic-sold 1,000 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a>($4.19M) again an hour ago.<br><br>Over the past two months, this whale has always bought <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> at high prices and sold at lows.<a href="https://t.co/gsGi4daxvz" target="_blank" rel="noopener noreferrer nofollow">https://t.co/gsGi4daxvz</a> <a href="https://t.co/5skd6uwIKP" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/5skd6uwIKP</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1970035652780855699?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 22, 2025</a>
 </blockquote>
</div>
<p>Lookonchain traced the whale wallet’s activity to the past 2 months to confirm its report. It earlier underlined the sale of 7,800 Ethereum tokens for a collective total of $34 million at that time. The whale wallet 0x3c9E had engaged in panic selling at that moment as well.</p>
<p>All eyes are on ETH price reclaiming the resistance margin of $4,389.69. A movement in a different direction could bring the <em>dip buying zone</em> to the range of $3,700 and $3,800.</p>
<p>The contents of this article are neither recommendations nor advice for crypto trading and investment. Research and risk assessment are crucial.</p>
<p><strong>Highlighted Crypto News Today</strong>:</p>
<p><a href="https://thenewscrypto.com/millions-liquidated-from-cryptocurrency-market-amid-global-crypto-price-fall/" target="_blank" rel="noopener noreferrer nofollow">Millions Liquidated From Cryptocurrency Market Amid Global Crypto Price Fall</a></p>

ETH Price Breaks Support Margin as Red Trades Continue, New Buying Zone Soon?

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