CandleFocus The Altcoin Whale, Which Causes Price Declines Every Time It Sells, Sells Again – What Happened This Time?
2024-09-22
Author: Content Editor
A crypto whale, known for holding onto his assets for a long time, has finally sold his 15,000 Ethereum (ETH) holdings worth $38.4 million. The whale transferred the funds to cryptocurrency exchange Kraken, but it is unclear whether the assets were specifically sold as exchanges usually mix user funds. Previous sell-offs by the whale had caused sudden drops in the ETH price, but this time the price has increased by 1%. The whale still holds 26,639 ETH worth $69.7 million, and his total profit so far is $132 million or 86%.
Related News
Whales Accumulating Render: Can RENDER Show Massive Gains in October? Bitcoin’s Next Target? Analysts Point to $89K as the Power Law Corridor Holds Strong Samourai Wallet forked into 'Ashigaru' Open Source Project Watch Out: 19 Altcoins Have Massive Token Unlocks in the New Week – Here’s a Day-by-Day, Hour-by-Hour List “Bitcoin Will Reach Half of Gold’s Market Cap,” Says VanEck CEO – Here’s BTC’s Future Price If It Happens Stablecoin Leadership Continues Via A Goldman-Coinbase Exchange Polkadot Struggles with 0.09 TPS, But What Keeps Its Market Cap in the Billions? These 6 Cryptocurrencies to Watch Closely in the New Week Due to Expected Developments CryptoPunks Dominate Top NFT Sales in the Last 7 Days Watch Out: New Week Has Plenty of Economic Developments and Altcoin Events – Here’s a Day-by-Day, Hour-by-Hour List Bitcoin ETF Options Won't Reduce Volatility, Bitwise Says Ethereum in Its ‘Final Stages of Capitulation’ Against Bitcoin, According to Analyst Benjamin Cowen Pendle Over 20% Up for the Day Despite Offloads Solana Seeker Preview: Everything We Know About the Next Crypto Phone Coinbase chief legal officer responds to cbBTC service terms fears VP Harris says she'll encourage crypto business while protecting consumers at Wall Street fundraiser: Bloomberg AAVE Price Eyes $200 Push as Buyers Conclude Two-Year Accumulation ‘Hamster Kombat’ Reveals Airdrop Allocations—But You Can’t Claim All the Tokens on Day One SEI/USDT Reverses Course: Adam & Eve Formation in Play AKT Price Rallies 20% This Week: Is Bullish Reversal In Play? HEX Price Riding High: Is A Bull Rally Looming Beyond $0.03000 Avalanche (AVAX) Could Rise 50% If It Breaks $28 Resistance – Crypto Analyst CryptoQuant CEO Justifies the Role of CZ in Crypto Deutsche Bank Poll Reveals Widespread Public Skepticism Toward CBDCs Bitcoin price strength extends to AVAX, SUI, TAO and AAVE — Are altcoins back? Voyager Token ($VGX) Leads the Daily Gainers with a Massive 64.9% Surge This Week in Crypto Games: 'Flappy Bird' on Telegram, 'Dookey Dash' Returns, and New 'Hamster Kombat' Season $SOL Dominates Solana with $67.8 Billion Trading Volume 5 Altcoins Have Explosive Trading Volume Increases in South Korea! Here is the List Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for Crypto Betting Markets and Polls Show Harris Ahead of Trump as Election Nears Silvergate executive says 'sudden regulatory shift' led to bank's shutdown in bankruptcy filing How much will Hamster Kombat airdrop tokens be worth? Is a Bitcoin bull run on the horizon? Analysts signal trend shift Bitcoin (BTC) Price Prediction for September 22 BTC Miners Increase Earnings With Fractal Bitcoin Mining Top PolitiFi Tokens to Rally Ahead of Harris-Trump Second Debate 1.71 Million BTC From 2009-2012 Block Rewards Still Dormant, Worth Over $100B Pendle Price Defies Whale Dump with Breakout Momentum; $5 Target Next? Bitcoin Price Analysis: Hidden Threat Signals Pullback; Will Bitcoin Slip Below $60K Again? $2K or $3K: Where Will Ethereum Price Head by September's End? Iggy Azalea drags Ethereum creator Vitalik Buterin for singing at TOKEN2049 Singapore Crypto custody has stuck in 2021 | Opinion XRP Price Prediction for September 22 Analysts Reveal The Secret Metric That Deeply Affects Bitcoin’s Price 30 Million XRP Mystery Stuns Major Korean Exchange Upbit Diamond hands Ethereum holder makes $131.7M in 2 years Dogecoin Growth Canceled? DOGE Price Saga Takes Unexpected Turn The Altcoin Whale, Which Causes Price Declines Every Time It Sells, Sells Again – What Happened This Time? African economies show high potential for digital asset adoption $300K per Bitcoin? Chart of Trading Legend Brandt Implies Massive Rally AI predicts XRP price for October 1, 2024 Bitcoin weekly RSI sparks 'intermediate' $85K BTC price target Bitcoin (BTC) Price Plummets Today – il Capo Shares His Latest Thoughts Following the Drop Top 5 TON Tokens Have 29 Million Users: How Much of Those Are Fake? Chinese Bitcoin company mines one-third of all blocks in a day, dethrones US Bitcoin to Rocket 518%? Veteran Trader Peter Brandt Says Yes XRP Is Breaking Out From a Cup and Handle Pattern Forming A Bullish Signal on the 4-Hour Chart Ethereum Is Recovering And Heading Towards The High Of $3,000 Crypto Policy: Harris Accepts CNN Offer For A Second Debate With Trump Peter Schiff: Another Reason to Sell Bitcoin (BTC) This Altcoin Had a Massive Token Unlock – 208 Million Dollars Sent to Binance Solana (SOL) Death Cross Is Canceled Shiba Inu Burn Rate Skyrockets 5,975% as SHIB Price Jumps Satoshi-Era Bitcoin Wallet Activated After 14 Years Franklin Templeton Launches $1.53 Trillion Tokenized Fund on Avalanche—Will AVAX Prices Surge? Analytics Company Claims Bitcoin Could Be Entering a Bear Market: Shares Three Key Scenarios Pendle Price Breaks above $4: What's Next? Investor Chris Burniske Says Crypto Emerging From ‘Early Bull’ Reset, Sees Favorable Conditions for Asset Class Hamster Kombat secret airdrop on Binance revealed Analytics Firm Reveals Two Dates It Believes Bitcoin Bull Run Will Begin and End Jasmy’s Janction to Release Layer2 Chain with Sony-Like Chain Convex Finance ($CVX) Pops Up as ‘Coin of the Day’ with 9.3% Spike Top DAO Projects Today Based on Social Activity BONK Bulls Take Over: Upside Momentum Builds After Pullback Former Monero Developer Launches New Crypto Mining App Fintech Veteran: Crypto Market Growth Not Tied to US Election Outcome Crypto PR exec relishes 'skepticism' around crypto marketing Bank of Korea to Launch CBDC Payment Trial in Supermarkets Bitcoin Price Prediction: Indicators Suggest a Temporary Pause Before Next Rally; When Will Bitcoin Reach $68K? ‘It Has To Be Now’ – Raoul Pal Unveils Massive Bitcoin Price Target, Says BTC Repeating 2023 Rally ‘Perfectly’ UOMI introduces new AI economic agents on blockchain with NFT IMF staff propose REDI framework to catalyze CBDC adoption Ripple Exec Speaks Out About XRP Price Manipulation Accusations These Are This Week’s Top Performers as Bitcoin (BTC) Calms at $63K (Market Watch) LDO Price Broke Out But Still In Selling Zone, Can It Erupt Soon US judge slaps $36M fine on man for 5-year crypto investor fraud Top DAO Projects Today Based on Social Activity Top Bitcoin Miners Revolutionize North America’s Crypto Landscape in 2024 Solana Jumps 10% As Fed Eases Rates, Analysts Eye Even Higher Gains The Birb Nest Partners with dYdX to Empower Crypto Traders Is Wall Street the worst thing to ever happen to Bitcoin? What you need to know about Bitcoin staking Chainlink (LINK) Continues To Witness More Development Activity Than Any Other ERC-20 Project: Santiment It’s impossible for Donald Trump to remain pro-crypto if he wins Trump buys burgers with BTC, Arthur Hayes skeptical on rate cut, and more: Hodler’s Digest, Sept. 15 – 21 Can Cardano reach 100 $ in the next Bullrun?