A crypto whale selling 7,000 Ethereum (ETH) at a $16 million loss led to a drop in the cryptocurrency's value.Market tension and bearish pressure are increasing, indicated by the RSI and MACD indicators.Investors are closely watching if ETH can maintain support above $2,400 amid growing fear in the market.The whale, who still holds over $15 million worth of ETH, sold a significant amount, causing a ripple effect in the market.