Today has been a massive day for #Ethereum market activity, with major whales making opposite plays — some taking profits, others aggressively accumulating.
Whale 0xF436 withdrew an eye-popping 17,655 $ETH worth $72.7M from multiple exchanges over the past 18 hours — likely stacking for @SharpLinkGaming. Meanwhile, Whale 0x3684 deployed $34M USDT to acquire 8,109 ETH at $4,193.
Onchain Tracker Lookonchain
Sharplink Gaming ($SBET) is now sitting on $623M in unrealized profits, up from $529M just yesterday. Their $ETH reserve stands at 521.9K $ETH , showing the power of simply buying and holding ETH during strategic accumulation phases.
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The day’s flows reveal a clear split — profit-taking from certain players is meeting strong, confident buying from others. This rotation is fueling both volatility and liquidity movement. With institutional-sized moves now hitting the books, Ethereum’s market structure is showing signs of tightening, and the tug-of-war between sellers and buyers is intensifying.
