Ethereum Whales Exhibit Mixed Buying and Selling Strategies Amid Market Volatility
Main Idea
Crypto whales exhibited mixed strategies with Ethereum and Bitcoin, with some selling large amounts while others made significant purchases, reflecting divergent market outlooks amid volatility.
Key Points
1. Ethereum whales showed mixed behavior: Whale address 0x3c9E sold 33,682 ETH (~$119M), while others like SharpLink Gaming bought 30,755 ETH (~$108.57M), now holding 480,031 ETH (~$1.65B).
2. Bitcoin accumulation increased among institutional whales: Metaplanet added 463 BTC (~$53.7M), and El Salvador raised its reserves to 6,258.18 BTC (~$718M).
3. Emerging tokens like Hyperliquid (HYPE), MAGICIAN, AIPEPE, and CHILLHOUSE attracted whale interest, with notable net inflows ($132K, $126K, and $67K respectively).
4. A dormant Bitcoin address holding 306 BTC reactivated after 12.4 years, signaling renewed activity among long-term holders.
5. Divergent whale strategies highlight market volatility, with profit-taking and accumulation coexisting, indicating varied confidence levels in ETH and BTC.
Description
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