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#ETHMarketWatch holds $2,370 support, but whale activity warns of... 2min Read Dormant ETH whales resurface as price nears $2,800 resistance, testing market resilience. Posted: May 24, 2025/ Whale inflows jumped 50.89% in seven days, hinting at rising sell pressure. Ethereum held above $2,370 support, but a decisive close above $2,800 is needed to confirm bullish continuation. Two long-dormant Ethereum [ETH] whales have stirred the market by depositing 3,500 ETH, valued at over $9.3 million, into Kraken. One wallet had remained inactive for four years, while the other had shown no movement in ten months. These transactions mark a notable return of aged capital to exchanges, a pattern typically associated with distribution or profit-taking. While both wallets still control over 13,600 ETH, their sudden reactivation comes at a sensitive time as Ethereum consolidates just below major resistance.
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Active Currencies17197 Market Cap$3,506,814,895,143.70 Bitcoin Share60.95% 24h PEPE jumped 14% and became a top 5 gainer as the crypto market cap hit $3.5 trillion. Traders opened $15.94M in long positions near $0.00001611, showing conviction at key liquidation levels. Pepe [PEPE], the popular crypto memecoin, has been garnering significant attention from crypto enthusiasts following its recent performance and bullish price action. With a 14% upside rally, the memecoin has positioned itself among the top 5 gainers in the crypto market and has seen notable whale participation. Current market sentiment As of 23rd of May, the total crypto market cap rose by 4.53% to hit $3.5 trillion. Naturally, this broad rally lifted major altcoins, and PEPE capitalized on the momentum.
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Binance CEO Warns of Missed Bitcoin Gains, Cites 5-Year Rally Wake-up Call Governments worldwide are waking up to a massive missed opportunity as bitcoin’s explosive rally shows early crypto adoption could’ve slashed deficits and built sovereign wealth, says Binance’s CEO. Governments Could Have Slashed Deficits Using Bitcoin, Says Binance’s CEO Binance CEO Richard Teng highlighted bitcoin’s long-term value in recent posts on social platform X, citing its price gains and the financial opportunities governments have missed. His remarks followed bitcoin’s climb to new all-time highs, renewing focus on its global financial role.
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