#IsraelIranConflict
Ethereum Plunges 11% as $110 Million Sell-Off Collides with Iran and Israel Fears 😱💥
Ethereum dropped below $2,500 as a whale opened a $110M short position at $2,793 with 15x leverage 😵. The conflict between Israel and Iran sparked panic in global markets, sending oil and gold soaring 💢. The ETH Foundation transferred 1,000 ETH, raising concerns amid increasing liquidation pressure. Ethereum fell 11% in two days as geopolitical instability and high-leverage short positions triggered market panic. A $110 million ETH sell-off coincided with fears of a Middle East war, pushing Ethereum below $2,500📈. On-chain data showing ETH transfers from the Ethereum Foundation further unsettled traders.