The cryptocurrency market experienced volatile performance over the weekend, with total market capitalization dropping on Saturday before bouncing back on Sunday and maintaining gains into Monday.
Amidst these fluctuations, whale movements have emerged with diverse strategies, including significant buying and selling of multiple digital assets, most notably Ethereum (ETH) and Bitcoin (BTC).
---
💼 Diverse strategies from crypto whales
Ethereum has gained widespread interest in the market recently with a strong upward wave, and the whales were no exception.
🟥 On the selling side:
The whale "0x3c9E" continued to liquidate its holdings, selling 33,682 ETH worth approximately $119 million.
Arthur Hayes (CEO of Maelstrom Fund) sold:
2,373 ETH ($8.32 million)
7.76 million ENA (~$4.62 million)
38.86 billion PEPE (~$414,700)
These sales suggest that some whales are following a profit-taking strategy amid uncertainty.
🟩 On the buying side:
Another whale bought ETH worth $300 million.
SharpLink Gaming bought 30,755 ETH for 108.57 million USDC and now owns 480,031 ETH (worth $1.65 billion).
Another whale received 25,540 ETH from FalconX, despite previously incurring a loss of $10 million after participating in ETH2.0.
📌 These purchases reflect increasing confidence in the long-term value of ETH, despite short-term market volatility.
---
₿ Whale movements in Bitcoin:
Metaplanet added 463 BTC to its portfolio worth $53.7 million (at an average price of $115,895).
"We now own 17,595 BTC purchased for $1.78 billion," according to CEO Simon Gerovich.
🇸🇻 El Salvador has raised its Bitcoin reserves to 6,258.18 BTC, worth approximately $718 million.
An old Bitcoin address holding 306 BTC was reactivated for the first time in 12.4 years, raising curiosity about the long-term holder's intentions.
---
🧠 Whale interest in altcoins:
The HYPE whale pumped his investment into the coin after depositing $4.07 million USDC, now owning 487,210 HYPE (worth approximately $18.65 million), with unrealized profits exceeding $1.5 million.
📊 Also recorded were:
MAGICIAN
AIPEPE
CHILLHOUSE
Highest flows of smart money during the weekend, according to the Nansen platform.
---
✅ In summary:
Whale movements during the week revealed a clear divergence in market outlook:
Some sold to take profits.
And the other bought in large quantities, reflecting strong confidence in the future rise, especially for ETH and BTC.
The market rebound on Sunday and the continued gains today suggest that buying strength has begun to outweigh selling pressure.
What do you think? Are you going with the whales buying or with those deciding to cash out? 👇
#Crypto_Whales #Bitcoin #Ethereum #Market_Analysis #Smart_Trading #Digital_Currency_Market