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Ether.fi plunges to $0.42 as whale dumps 3.6M tokens amid strong bearish momentum

Technical Signals
12 Apr 2026
AMBCrypto
View Source
Bearish
pluang ai news

Ether.fi (ETHFI) has fallen sharply from $0.64 to a three-week low of $0.42, driven by strong selling pressure and bearish momentum. A major whale sold 3.6 million ETHFI tokens worth $1.5 million, signaling panic among large investors. The altcoin is trading below key moving averages and testing critical support at $0.4, with risks of further decline to $0.38 if selling continues. A rebound would require ETHFI to break above $0.45 and reclaim $0.5 to shift the trend bullish again.

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