Happy Thursday!

Ethereum is suffering heavy losses and has tumbled below the $4,000 mark. But the heaviest losses were suffered by this whale trader who’s down eight figures…

XRP is also in stormy waters as the entire market takes a turn for the worse. Still, prediction market traders say not all is lost for XRP in 2025…

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TOP STORY

Ethereum Plummets Below $4,000 As Whale Trader Takes $36 Million Loss

Ethereum has dipped below the $4,000 mark, triggering massive losses for one whale trader and renewing fears about further downside.

Lookonchain data highlighted an Ethereum whale that got liquidated on a 9,152 ETH — worth $36.4 million — long position as prices dropped below the $4,000 mark. This takes his total loss to more than $45.3 million.

Why is ETH going down so much?

Read the full scoop here.

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QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP are continuing their downtrend, with ETH being hit hard and tumbling below $4,000: here’s what’s driving the market today.

Shiba Inu is seeing its burn rate rise again (to 396%), but price isn’t following: is there any hope for SHIB?

Mike Novogratz is back with a new favorite cryptocurrency: here’s which coin the expert sees grabbing the ‘lion’s share’ of attention.

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FINTECH FOCUS

XRP Punters Still Eye $4 Despite Recent Slump — Here's How Prediction Markets Are Betting

XRP may have stagnated over the month, but cryptocurrency bettors haven’t completely discounted the possibility of fresh all-time highs by year-end.

The fourth-largest cryptocurrency by market capitalization sank 8% over the week, and 2.50% over the month, erasing the gains from the July rally that briefly appeared strong enough to drive it toward record highs at $3.84.

What are prediction market traders saying?

Read the full scoop here. 

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