Ethereum Whales Scramble to Secure Loans Amid Market Bloodbath

Quick Summary:

Ethereum’s recent market downturn has left major investors scrambling to protect their holdings as liquidation risks mount.

Over the past 24 hours, the cryptocurrency has fallen from a high of $2,150 to as low as $1,750.

On-chain data from Lookonchain reveals that some of the largest Ethereum holders have taken urgent steps to rebalance their positions.

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets: United Arab Emirates

Topics: Market Updates Ethereum News ETHEREUM ETH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 18:45:00 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 383 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26910830

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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