Ethereum ICO Whale Sells 20,000 ETH ($58M), Raising Questions Over Market Timing
Ethereum continues to trade below the critical $3,000 level as selling pressure intensifies and fear dominates sentiment across the crypto market. The broader downturn has pushed ETH nearly 40% below its August all-time high, raising concerns that the asset may be entering a prolonged bearish phase. Analysts who were once confident in a continued rally are now shifting their tone, warning that market structure, volatility, and liquidity conditions are beginning to resemble early-stage bear market behavior. Related Reading: Bitcoin Short Squeeze Flushes Out Late Longers as Funding Turns....
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On-chain analytics platform Lookonchain has drawn attention to a 7-year-old Bitcoin whale who is betting big on Ethereum. This comes amid a crypto market pullback, which has seen ETH and BTC record significant losses. Bitcoin Whale Sells $76 Million To Buy Ethereum In an X post, Lookonchain revealed that a Bitcoin OG, which is holding 14,837 BTC ($1.69 billion), had sold 670.1 BTC ($76 million) and opened long positions of 68,130 ETH ($295 million). The whale made this move by depositing the $76 million BTC to Hyperliquid and selling it off before going long on ETH across four wallets,....
SpaceX moved 1,021 Bitcoin worth about $94.48 million on December 10, according to on-chain alerts from blockchain trackers. The transfer was sent to wallets tied to Coinbase Prime, raising questions about whether the company is reshaping part of its treasury while attention grows around its potential public listing. Related Reading: Public Asset Manager Strive Launches […]
The crypto market has now seen a much-needed recovery after weeks of flat market prices. Most digital assets in the space are currently in the green and Ethereum is no different. The second-largest cryptocurrency by market cap is up by more than 14% in the last 24 hours, plunging more investors into profit. Just like everyone else, a dormant whale has roused from their sleep to benefit from the current market recovery. Ethereum Whale Wakes Up Through the recovery that has rocked the crypto market, none has been more interesting than the ETH whale that has roused after more than 6 years of....
Ethereum is showing renewed strength after days of intense selling pressure and widespread uncertainty across the crypto market. Following a sharp drop below the $3,300 level, bulls are now attempting to reclaim $3,600, with the next major objective set at $4,000 — a level that could confirm a shift in market momentum if conquered. Related Reading: SharpLink Gaming Wallet Moves Freshly Redeemed Ethereum to OKX – Details Amid this recovery effort, key on-chain data highlights a surprising move from one of the market’s most closely watched traders — the so-called Anti-CZ Whale. This investor....
Blockchain tracking service Whale Alert posted a major alert showing that 129,392 ETH was transferred from an unidentified wallet to Coinbase as the Ethereum price tumbled. On-chain data from Etherscan shows that this particular wallet had not been involved in the transfer of large ETH volumes since November 2022. This sudden reactivation and deposit into a centralized exchange opens up speculation of a looming selloff, especially given the timing of the transfer. Massive ETH Transfer As Middle East Tensions Escalate Whale transaction tracker Whale Alerts, which initially reported the....