A newly created wallet has caught the attention of the crypto traders after making a sizable bearish bet on the market through Hyperliquid. As per the data, wallet address 0xaeaa deposited 6.68 million USDC and used the capital to open multiple 20x-leveraged short positions in 3 of the largest tokens
Whale activity on the Ethereum network has seen a sharp decline, with large transactions dropping from 2,194 on June 5 to 294, marking an 86.6% decrease. Large transaction counts are used as a proxy for institutional and high-net-worth investor activity, making the sudden slowdown a notable development for the market.
BitMEX co-founder Arthur Hayes has been indulging in Ethereum accumulation, drawing the attention of institutional investors. According to Lookonchain, a wallet linked to Hayes received 3,000 ETH worth around $5.4 million from market maker Flowdesk. This transaction was seen to have occurred after optimistic geopolitical developments. Also, this move has
A cryptocurrency trader identified as 0xa2e8 has captured the market’s attention after generating an impressive $4.93 million profit within five days through a series of highly successful Ethereum trades. The trader completed 10 Ethereum positions over the period, switching between long and short strategies depending on market conditions. Surprisingly, nine
Elon Musk’s latest upgrade, Big Charts, is built on its Smart Cashtags service for stocks and cryptos. It comes with bigger real-time interactive charts for users to view various aspects such as movement in prices, volume of trades, % changes, and more. The assets for which one can see charts
The market has been dominated by Bitcoin and Ethereum over the years. However, these assets remain at the helm in terms of controlling the direction of the crypto market and investor sentiments. The price of Bitcoin is at $67,602 with a total market capitalization of $1.35 trillion. It continues to
The largest altcoin, Ethereum (ETH), is attempting to enter the bullish zone. Currently, it is trading within the $2,069 range following a 3.33% gain in value. In the early hours, the asset traded at a bottom range of $1,939, and with the brief bullish shift in the ETH market, the
Ether maintains war in a risk-off environment, with price action reflecting susceptible demand and broader macro uncertainty. Despite attempts to stabilize near key stages, the asset has lagged behind the wider crypto market, leaving buyers targeted on precise indicators that might decide whether or not ETH can reclaim momentum and
At press time, the price of Ethereum is hovering around $2,151, being 0.88% down in the past 7 days. Also, it is over 50% down from its 52-week high of around $4,831 hit in August last year. That is a cruel slip; however, the chairman of Bitmine, Tom Lee, trusts
Spot Ethereum exchange-traded funds accumulated $138.2 million in net inflows in the last day, their biggest single-day inflows since Feb 25. As per the data by SoSoValue, BlackRock’s ETHA directed the inflows of the day, having $81.7 million entering the fund. The biggest investment manager’s Staked ETH ETF (ETHB) followed
