Crypto News

Ethereum Price Sees Pressure After Large Sell-Off While BlockDAG Preps 10K Miner Shipments

06 Apr, 2025

Ethereum Price Sees Pressure After Large Sell-Off While BlockDAG Preps 10K Miner Shipments


**Ethereum Dips Below $1,600 Amid Whale Selloff, While BlockDAG Surges With 10K Miners Set to Deploy**

Ethereum (ETH) faced a sharp decline recently, briefly falling below $1,600 after a major whale offloaded over $6 million worth of ETH. This sudden move triggered short-term volatility across the market. However, technical indicators like the RSI and MACD are now pointing to a potential recovery, especially as ETH rebounds above the $1,800 mark.

Meanwhile, Tether made waves by adding 8,888 BTC to its reserves, a move worth an estimated $7.8 billion. This aggressive accumulation reflects growing confidence in Bitcoin and strategic reserve strengthening.

While these established giants maneuver cautiously, **BlockDAG (BDAG)** is charging forward with bold developments that are capturing serious investor attention.

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### **Ethereum (ETH): Whale Sell-Off Triggers Market Shock, But Recovery Signals Emerge**

A single whale transaction involving over $6 million in ETH caused a significant market dip, sending the price below $1,600. This sparked concerns of a deeper correction, but technical metrics are painting a more optimistic picture. With ETH now trading back above $1,800, analysts are watching to see whether this momentum can be sustained or if further volatility lies ahead.

Looking forward, macroeconomic indicators such as inflation reports and interest rate updates could heavily influence Ethereum’s next major move. For now, ETH appears to be stabilizing as markets digest both technical and fundamental signals.

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### **Tether’s $7.8 Billion BTC Holding Boost Raises Strategic Questions**

Tether has once again made headlines with a major acquisition—adding 8,888 BTC to its reserves. This pushes its total Bitcoin holdings to approximately $7.8 billion. As one of the most significant stablecoin issuers, Tether’s strategy seems aimed at reinforcing its reserve strength and maintaining trust in its dollar peg.

This substantial BTC accumulation has sparked fresh debate over the influence of corporate treasury strategies on broader crypto price action. Market analysts are closely watching whether Tether's BTC buying spree will impact Bitcoin’s long-term trend or redefine stablecoin market dynamics.

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### **BlockDAG (BDAG): 10,000 X-Series Miners Ready for Pre-Mainnet Deployment**

In a game-changing move, **BlockDAG has confirmed the upcoming shipment of nearly 10,000 X-series miners**, including the X30 and the high-performance X100 models. These mining units are slated for global delivery before the project’s mainnet launch—an aggressive step in scaling operations and rewarding early adopters.

- The **X30** miner delivers up to 600 BDAG per day, built for quiet, energy-efficient home usage.

- The **X100**, tailored for heavy-duty operations, can mine as much as 2,000 BDAG daily, making it ideal for large-scale deployment.

This marks a critical phase in BlockDAG’s rollout strategy and showcases its commitment to tangible infrastructure—not just theoretical promises.

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### **BDAG Presale Momentum: Over $211M Raised, 2,380% Growth Since Launch**

Currently priced at **$0.0248** in Batch 27, BDAG has seen a staggering 2,380% increase since its presale debut at $0.001. With forecasts projecting a potential rise to **$1 by 2025**, early miners and investors stand to gain significantly.

BlockDAG’s presale has already attracted over **$211.5 million** in investments and distributed more than **19 billion BDAG tokens**, solidifying its reputation as one of the most promising crypto mining opportunities for 2025.

As more presale batches close, entry prices are expected to keep rising—tightening the window for optimal early participation.

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### **Conclusion: While Ethereum Stabilizes, BlockDAG Races Ahead**

Ethereum may find support amid improving market conditions, and Tether’s BTC-backed reserves reflect long-term confidence in the crypto ecosystem. But when it comes to decisive execution, **BlockDAG is clearly ahead of the curve**.

With thousands of miners set to ship and daily mining rewards of up to 2,000 BDAG, the project isn’t waiting for the market—it’s actively building it. For investors seeking a high-potential, low-entry-point crypto with real infrastructure and strong momentum, **BDAG may be the top coin to mine in 2025**.

As the crypto market awaits its next breakout, **BlockDAG is already delivering**—and early movers may reap the biggest rewards.

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