OG Whale Flips $2.6B Bitcoin Into Ethereum Positions – Details
Bitcoin is entering a critical consolidation phase after a week of heightened volatility and selling pressure. Following its surge to a new all-time high of $124,500 just ten days ago, BTC has since retraced by more than 10%, now struggling to hold the $115K level as support. This pullback signals potential buying exhaustion, with analysts […]
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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....
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,....
The transparency blockchain provides lets fundamental analysts see when whales are loading up on Bitcoin, but it can’t tell when technicals take a turn. However, whale behavior might still be the key to understanding price action. Right now, whales on the long-standing crypto exchange Bitfinex have amassed one of the largest collective long positions ever. […]
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 […]
After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates.
Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses
On August 14, 2022, onchain data indicates that a whale who participated in the Ethereum Genesis ICO has moved 145,000 ETH to various addresses. The funds were worth $276 million using current ETH exchange rates. It was the first time the Genesis....