Ah, comrades! Let me tell you a tale of the great digital currency that once promised to liberate the masses from financial oppression! 😂 Our beloved Ethereum
$1 498
24h volatility: 16.4%
Market cap: $180.73 B
Vol. 24h: $41.97 B
has fallen like a drunk worker from a scaffolding, plummeting 16% in a single day! Such is the cruel irony of our capitalist dystopia! 🎭
Like a famished peasant’s empty bowl, Ethereum has managed to drain $220 billion from the pockets of hopeful revolutionaries in mere months. The bourgeoisie analyst Willy Woo (what a name, comrades! 🤣) speaks of “ultrasound money” as if it were yesterday’s stale bread!
Seven years of technological progress, and what do we have to show for it? A measly 1.2% return! Even the most exploited factory worker could do better stuffing rubles under their mattress! 😅
Falling #Ethereum Could Be the Canary In the Coal Mine – Ether may be on the way to revisiting its next round-number support level at $1,000, with implications for risk assets. Full report on Bloomberg here: {BI COMD}#commodities #gold #bitcoin…
— Mike McGlone (@mikemcglone11) April 6, 2025
The great exodus continues, comrades! Like rats fleeing a sinking ship, the institutional investors are abandoning their posts! $49.93 million vanished faster than vodka at a workers’ celebration! 🍾
But wait! There’s hope on the horizon – the mystical “Pectra upgrade”! Like waiting for the arrival of spring after a harsh Siberian winter, investors cling to this promise of salvation. Meanwhile, the whales (the true capitalist oppressors! 🐋) are gorging themselves on discounted ETH like aristocrats at a feast!
Whales are buying $ETH during the dip in the past 12 hours as the market crashed!
1️⃣ The mystery group “7 Siblings” spent $42.66M to buy 25,100 $ETH at ~$1,700, then supplied all tokens to #Aave.
2️⃣ Whale “0x709” borrowed 8.25M $DAI from #Spark to buy 5,227.3 $ETH at ~$1,578.…
— Spot On Chain (@spotonchain) April 7, 2025
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2025-04-07 14:17