In a concerning development, an Ethereum (ETH) whale holding 65,675 ETH, valued at $135 million, stands to incur significant losses if the price of ETH tumbles to $1,931. According to data from Lookonchain, a 6.38% drop in Ethereum’s price could trigger liquidation for this large holder. The current volatility in the cryptocurrency market raises alarms for investors, highlighting the dangers of peak positions. As market sentiment fluctuates, many are wary of the ramifications that could unfold if a major player is forced to sell off their holdings. These developments could potentially have a ripple effect, impacting the larger Ethereum ecosystem.