Market Turmoil: ETH Slips Amid $400M Sell-Off, Meme Coin Hype Surrounds Newcomer BlockSACK
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Ethereum Price Analysis 2025: ETH $400M Selling Pressure Shakes Altcoin Market, Is Base Networks Latest Meme BlockSack The Answer?
August 11, 2025
The Ethereum (ETH) market has taken a dramatic turn as over $400 million in selling pressure shakes the altcoin landscape. While some may interpret this as bullish, citing long-term holding and staking, others see red flags: ETH’s dip below $4,200 is a clear indication of retail investor confidence waning.
As institutional accumulation attempts to stem the bleeding, traders are on the hunt for faster, higher-upside plays. And in this turbulent environment, Base Networks’ latest meme coin phenomenon, BlockSACK (BSACK), has emerged as the next meme cycle driver.
Source: www.tronweekly.com
