A whale/institution sold another 12,500 ETH
according to on-chain analyst Yu Jin's monitoring, the whale/institution that has already made a profit of $85.34 million through ETH waves has once again taken profit by selling 12,500 ETH (worth $56.77 million): it sold 12,500 ETH through FalconX and exchanged it for $56.77 million USDC, at a selling price of $4,542. The whale/institution, which bought 60,333 ETH at the end of September, has sold most of it: in the last 3 days, it has sold 55,830 ETH and exchanged it for $247 million USDC, making a profit of $93 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Today: XRP ETF Momentum Contrasts with Declining Network Engagement
- XRP's ETF inflows exceed $420M daily, contrasting with 50% lower on-chain payment volume and declining transaction counts. - Technical indicators show fragile bullish momentum below $2.28, while RSI rejection and EMA positioning highlight bearish pressure. - Fed's 81% rate cut probability and ETF-driven demand could push XRP toward $3, but network activity weakness raises sustainability doubts. - MACD buy signals clash with declining 50-day EMA ($2.38) and structural vulnerabilities in ETF-dependent pric
Ethereum News Update: North Korean Cybercriminals' Cross-Chain Money Laundering Reveals Vulnerabilities in Crypto Security
- North Korean hackers suspected in $36.8M Upbit breach used multi-chain laundering across Solana and Ethereum to obscure stolen assets. - Upbit froze transactions, pledged user reimbursements, and faces regulatory fines for delayed reporting amid a $10.3B merger with Naver. - Attack mirrors 2019 Lazarus tactics, exposing crypto industry vulnerabilities as stolen funds were rapidly converted into $1.6M via 185 wallets. - Market volatility surged with altcoin price spikes, while regulators intensify scrutin
Blazpay's 24-Hour Timer: AI-Powered Token Set to Dominate the 2025 Cryptocurrency Surge
- Blazpay's Phase 4 presale enters final 24 hours with $1.52M raised and 78.6% tokens sold, outpacing initial sales projections. - Analysts highlight 3.4x-5x return potential for early buyers, citing AI-powered trading tools, multichain infrastructure, and audit-backed security protocols. - Investors can purchase BLAZ tokens via USDT/ETH/BNB through the official portal, with referral incentives and gamified rewards boosting community engagement. - Project emphasizes real-world utility including automated t
Bitcoin News Update: MSCI Regulation Ignites Tension Between Bitcoin and Major Traditional Financial Institutions
- MSCI's proposed rule to exclude firms with over 50% crypto assets risks triggering $8.8B in forced Bitcoin sell-offs from index-tracking funds by 2026. - JPMorgan's analysis highlights existential threats for crypto-focused companies like Strategy (MSTR), which could face $2.8B in passive outflows alone. - Critics accuse MSCI and JPMorgan of bias, citing the bank's anti-crypto stance and the "binary cliff effect" of the 50% threshold destabilizing market eligibility. - The debate reflects a clash between
Trending news
MoreCrypto prices
More
