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ETH may fall to $1,200 amid whale-led liquidations, Joao Wedson warns

ETH may fall to $1,200 amid whale-led liquidations, Joao Wedson warns
Whale activity may put ETH at risk

Joao Wedson warned that ETH could decline to $1,200, citing whale activity and significant liquidations across multiple exchanges. He noted that every price drop is fueling additional selling pressure and that many large long positions remain at risk of liquidation.

Wedson previously said that altcoin season is unlikely before 2027 due to several market factors. He also reported that Solana fell 14.08 percent and Hyperliquid dropped 15.86 percent since October 6. These earlier observations focused on notable declines in major altcoin prices.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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