The post ETH Whale Activity Climbs as Big Holders Buy Into a Double Digit Price Drop appeared on BitcoinEthereumNews.com. Whales increased ETH activity despite steep price declines and rising liquidations. Major Tornado Cash transfers raised questions about potential Richard Heart-linked sales. Institutional wallets kept accumulating ETH as whale #66kETHBorrow expanded positions. Ethereum’s latest price drop has coincided with a surge in activity from several large wallets, creating a major divergence between market sentiment and high-value trading behavior. At the time of writing, ETH was extending its downturn, falling to $3,165.05 after a 9.59% decline over the past 24 hours. Blockchain data showed that multiple whales continued to accumulate or reposition, despite elevated liquidation risk. The move unfolded as Ethereum’s market capitalization declined to $382.01 billion, while 24-hour trading volume jumped 34.03% to $52.54 billion, reflecting heightened activity during the dr… Read The Full Article ETH Whale Activity Climbs as Big Holders Buy Into a Double Digit Price Drop On Coin Edition. Source: https://coinedition.com/eth-whales-diverge-degens-get-liquidated-institutions-buy/The post ETH Whale Activity Climbs as Big Holders Buy Into a Double Digit Price Drop appeared on BitcoinEthereumNews.com. Whales increased ETH activity despite steep price declines and rising liquidations. Major Tornado Cash transfers raised questions about potential Richard Heart-linked sales. Institutional wallets kept accumulating ETH as whale #66kETHBorrow expanded positions. Ethereum’s latest price drop has coincided with a surge in activity from several large wallets, creating a major divergence between market sentiment and high-value trading behavior. At the time of writing, ETH was extending its downturn, falling to $3,165.05 after a 9.59% decline over the past 24 hours. Blockchain data showed that multiple whales continued to accumulate or reposition, despite elevated liquidation risk. The move unfolded as Ethereum’s market capitalization declined to $382.01 billion, while 24-hour trading volume jumped 34.03% to $52.54 billion, reflecting heightened activity during the dr… Read The Full Article ETH Whale Activity Climbs as Big Holders Buy Into a Double Digit Price Drop On Coin Edition. Source: https://coinedition.com/eth-whales-diverge-degens-get-liquidated-institutions-buy/

ETH Whale Activity Climbs as Big Holders Buy Into a Double Digit Price Drop

  • Whales increased ETH activity despite steep price declines and rising liquidations.
  • Major Tornado Cash transfers raised questions about potential Richard Heart-linked sales.
  • Institutional wallets kept accumulating ETH as whale #66kETHBorrow expanded positions.

Ethereum’s latest price drop has coincided with a surge in activity from several large wallets, creating a major divergence between market sentiment and high-value trading behavior. At the time of writing, ETH was extending its downturn, falling to $3,165.05 after a 9.59% decline over the past 24 hours. Blockchain data showed that multiple whales continued to accumulate or reposition, despite elevated liquidation risk.

The move unfolded as Ethereum’s market capitalization declined to $382.01 billion, while 24-hour trading volume jumped 34.03% to $52.54 billion, reflecting heightened activity during the dr…

Read The Full Article ETH Whale Activity Climbs as Big Holders Buy Into a Double Digit Price Drop On Coin Edition.

Source: https://coinedition.com/eth-whales-diverge-degens-get-liquidated-institutions-buy/

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