Ethereum Survives $3,100 Breakdown After Hayes’ $4M Sell-Off and Whale Awakening

Ethereum regained the $3,100 price level after briefly dipping below for over four hours on Monday morning. The rebound came during heightened activity from a decade-old wallet and major liquidations by notable market figures. The recent volatility underscores two contrasting market forces: long-term holders reemerging and influential players trimming exposure. ETH Price Action and Market Sentiment Ether dropped below $3,100 for the first time since November 4, 2025, trading at $3,066 at 9:36 PM UTC on November 16, down 3 source: https://beincrypto.com/ethereum-rebounds-market-volatility/