Ethereum Whale Adds $105M To His ETH Position – $1.33B Bought Since Nov 4
Ethereum has entered a consolidation phase following a turbulent period of selling pressure driven by macroeconomic uncertainty and market fear surrounding the US government shutdown. Over the past week, Ethereum’s price has stabilized around the $3,500 level after briefly dipping below key supports, as traders and institutions reassess risk exposure across the crypto market. Related Reading: Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K Despite the cautious sentiment, on-chain data reveals a contrasting story — large holders, or “whales,” are quietly....
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Shiba Inu still remains a whale favorite going by the activities of the top Ethereum whales in recent days. These whales seem to be undeterred by the low prices of the meme coin and rather continue to buy the digital asset in the millions. The latest purchase from an Ethereum whale has the community at the edge of its seat as one whale singlehandedly bought almost $5 million worth of the cryptocurrency, showing that interest in it has far from waned. Ethereum Whale Hoards SHIB A report from WhaleStats showed an enormous Shiba Inu purchase by an Ethereum whale. This whale known as....
Bitcoin has long been the darling of big-money crypto investors. But it looks like the winds are now shifting in favor of Ethereum. For instance, a $BTC whale ‘Bitcoin OG’ has been rotating funds from Bitcoin into Ethereum over the past month. Just this past weekend, the whale sold 4,000 $BTC and bought 96,859 $ETH […]
A Bitcoin whale has transferred approximately $4 billion worth of BTC into Ethereum, signaling a major shift in the crypto market. This sudden redirection of funds has sparked discussions about its implications for the future of both leading cryptocurrencies. With such a dramatic capital rotation, traders question whether Ethereum is poised to step into the […]
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,....
Whale cluster analysis suggests that both hodlers and whales were responsible for the latest sell-off. Bitcoin has dropped below $54,000 on April 20 while whale clusters suggest that the key areas for BTC to reclaim in the short term are $56,274 and $55,172.The cryptocurrency market began to drop once again after an initial relief rally on Monday. Bitcoin dropped from $57,400 to sub-$54,000, losing the $55,172 whale cluster support level.Bitcoin whale clusters. Source: WhalemapIn the near term, it is crucial for Bitcoin to rally above $55,172 and reclaim it as a support level. Otherwise,....