🔥 Weekend crypto market: Whales strike back, $ETH sets a record!
The cryptocurrency market last weekend was extremely vibrant as whales continuously executed massive transactions. While the total market capitalization dropped by 2.2%, Ethereum (ETH) unexpectedly surged, setting a new ATH.
A whale holding 1,962 ETH for 11 years took profits at OKX, earning 4.7 million USD.
A 'big-handed' hacker also profited over 2 million USD just after a few days of trading ETH.
Conversely, many other whales accumulated more, with 3 new wallets receiving up to 10,600 ETH (51 million USD) from GalaxyDigital.
Notably, a 'Bitcoin whale' converted a large amount of $BTC into ETH, currently holding over 278,000 ETH (1.28 billion USD) at an average price of 4,585 USD.
Not only ETH, but altcoins like LINK, AAVE, Compound, AERO, BIO, SOL also witnessed a series of large transactions, indicating that whales are still significantly impacting market cash flow.
👉 Weekend: some take profits, others accumulate – the market is in a dramatic balance.
⚠️ This article is for informational sharing only, not investment advice. Whales do what they do... just be amazed, while you stay alert! 😅
