Crypto Market Plunge Triggers 'Plunge Protection' Mode Among Major Holders - Bitcoin (BTC) and Ethereum (ETH) Analysis

A significant downturn in the cryptocurrency market has prompted major investors, often referred to as 'whales,' to activate defensive strategies commonly known as 'plunge protection.' This move comes as Bitcoin (BTC) and Ethereum (ETH) experienced sharp declines, raising concerns about short-term volatility. Market analysts observe large wallet addresses accumulating assets during the dip, suggesting a potential stabilization effort. The actions of these crypto giants are closely watched as indicators for broader market sentiment and possible price floor establishment. This event highlights the ongoing dynamic between market swings and strategic responses from influential participants in the digital asset space.