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Ethereum price falls below key whale cost levels, signaling weak market support and ongoing liquidation risks.

Market News
06 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Ethereum's price has dropped to around $1,740, falling below the whale realized price near $1,900, indicating many large holders are facing unrealized losses. The price is also trading below a significant long-term benchmark on Binance, a rare occurrence that signals weakening market confidence. Recent liquidations of over 21,540 ETH worth $34.1 million have added selling pressure, with nearly $547 million in leveraged positions still at risk. While retail buyers are active near $1,550-$1,600, large holders continue selling, creating a fragile balance that prevents a strong recovery. Ethereum's stabilization depends on stronger buyer conviction to absorb supply and reclaim key price levels.

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