A major Ethereum whale sold 14,240 ETH worth $37 million at a loss of $12.8 million, contrasting with the bullish sentiment following Bitcoin's recent gains. The whale had bought the ETH at a high price of $3,502 and sold at a much lower price. In contrast, Bitcoin whales are accumulating, with 11 new wallets withdrawing 1,807 BTC worth $132 million from Binance. Another Bitcoin whale borrowed $27 million to buy BTC, while another whale was liquidated for $74.98 million after shorting BTC. Bitcoin reached a new all-time high, while Ethereum remains 47% below its ATH. Ethereum has experienced a surge in price, but it is still down 46.23% from its ATH. Despite this, 64% of Ethereum addresses still remain in profit, and on-chain support levels may act as a buffer against further downside pressure.



Other News from Today