Crypto Market Movers

Story: Crypto Whales Split on Ethereum as ETH Hits Record High

By MikeT

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Ethereum Reaches New Record. While the total cryptocurrency market capitalization slipped by 2.

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Accumulation by New and Existing Whales. Not all whales were selling. Several large purchases indicated renewed confidence in Ethereum’s…

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Whale Moves Extend Beyond Ethereum. Although Ethereum captured the most attention, large-scale transactions were not confined to ETH.

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Market Implications. Whale behavior remains a critical driver of short-term volatility in the cryptocurrency market.

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Conclusion. The weekend’s activity demonstrates the influence of crypto whales across both Ethereum and the…

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Ethereum (ETH) reaching a new all-time high despite broader market weakness. Large holders, commonly known as whales, engaged in a mix of profit-taking and accumulation, shaping…

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While the total cryptocurrency market capitalization slipped by 2.2% over the weekend, Ethereum moved in the opposite direction, recording a fresh all-time high.

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One of the most notable moves came from a wallet that had held 1,962 ETH for 11 years. According to blockchain tracker OnChain Lens, the entire balance was transferred to crypto…

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In another example, on-chain analyst EmberCN highlighted an unusual case involving an unknown hacker. On August 21, the address purchased 5,001 ETH for 21.

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On-chain analysis from Lookonchain revealed that three newly created wallets acquired 10,600 ETH, valued at about $51.04 million, in transfers from Galaxy Digital.

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Perhaps the most significant development came from an old Bitcoin whale who has been rotating capital into Ethereum.

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Chainlink (LINK): OnChain Lens reported that one whale sold 123,500 LINK for about $3.13 million USDC, later deploying the funds into lending platforms Compound and Aave to earn…

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Aerodrome Finance (AERO): Another investor sold 2.038 million AERO tokens for $2.89 million USDC, realizing a profit of around $1.04 million.

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Bio Protocol (BIO): A long-term holder moved 12 million BIO tokens back to Binance after a steep price increase.

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Solana (SOL): A newly created wallet withdrew 80,254 SOL tokens, worth about $16.28 million, from Binance.

The Currency Analytics

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