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Ethereum Drops To $3,290 As Whales Accumulate $80 Million ETH

Ethereum Drops To $3,290: Empowers “Whales” With $80 Million

Ethereum completes a 20% correction from $4,165, triggering whale accumulation and renewed trading activity amid shifting market sentiment and volatility.

Ethereum’s price fell sharply to around $3,290 on Thursday November 6, 2025, completing a 20% correction from recent highs as large holders — known as “whales” — began accumulating the cryptocurrency amid a surge in trading activity.

The decline follows a projected technical correction outlined by analysts who predicted a drop from $4,165 to the $3,300 range, based on repeating historical patterns. Data from CoinGecko shows Ethereum trading at $3,290.95, marking a 4.8% loss over 24 hours and an 11.2% …