• bitcoinBitcoin (BTC) $ 84,454.00
  • ethereumEthereum (ETH) $ 1,613.90
  • tetherTether (USDT) $ 0.999702
  • xrpXRP (XRP) $ 2.14
  • bnbBNB (BNB) $ 585.82
  • solanaSolana (SOL) $ 130.69
  • usd-coinUSDC (USDC) $ 0.999984
  • dogecoinDogecoin (DOGE) $ 0.164766
  • tronTRON (TRX) $ 0.255181
  • cardanoCardano (ADA) $ 0.641733
  • staked-etherLido Staked Ether (STETH) $ 1,613.42
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 84,388.00
  • leo-tokenLEO Token (LEO) $ 9.40
  • avalanche-2Avalanche (AVAX) $ 19.87
  • chainlinkChainlink (LINK) $ 12.78
  • stellarStellar (XLM) $ 0.239969
  • suiSui (SUI) $ 2.25
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 1.00
  • hedera-hashgraphHedera (HBAR) $ 0.166780
  • the-open-networkToncoin (TON) $ 2.83
  • bitcoin-cashBitcoin Cash (BCH) $ 350.92
  • wrapped-stethWrapped stETH (WSTETH) $ 1,934.47
  • litecoinLitecoin (LTC) $ 78.27
  • polkadotPolkadot (DOT) $ 3.70
  • hyperliquidHyperliquid (HYPE) $ 15.55
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998386
  • bitget-tokenBitget Token (BGB) $ 4.30
  • pi-networkPi Network (PI) $ 0.736155
  • ethena-usdeEthena USDe (USDE) $ 0.999232
  • wethWETH (WETH) $ 1,610.09
  • whitebitWhiteBIT Coin (WBT) $ 27.73
  • moneroMonero (XMR) $ 204.81
  • wrapped-eethWrapped eETH (WEETH) $ 1,718.20
  • uniswapUniswap (UNI) $ 5.39
  • okbOKB (OKB) $ 53.17
  • pepePepe (PEPE) $ 0.000007
  • daiDai (DAI) $ 0.999787
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 84,515.00
  • aptosAptos (APT) $ 4.86
  • gatechain-tokenGate (GT) $ 22.56
  • ondo-financeOndo (ONDO) $ 0.862175
  • tokenize-xchangeTokenize Xchange (TKX) $ 33.79
  • nearNEAR Protocol (NEAR) $ 2.13
  • susdssUSDS (SUSDS) $ 1.05
  • internet-computerInternet Computer (ICP) $ 5.06
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.085713
  • ethereum-classicEthereum Classic (ETC) $ 15.50
  • mantleMantle (MNT) $ 0.697254
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.16
  • aaveAave (AAVE) $ 141.28
  • bittensorBittensor (TAO) $ 241.25
  • render-tokenRender (RENDER) $ 3.84
  • vechainVeChain (VET) $ 0.022874
  • kaspaKaspa (KAS) $ 0.073789
  • cosmosCosmos Hub (ATOM) $ 4.20
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 84,192.00
  • fasttokenFasttoken (FTN) $ 4.05
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.995641
  • ethenaEthena (ENA) $ 0.311625
  • official-trumpOfficial Trump (TRUMP) $ 8.28
  • filecoinFilecoin (FIL) $ 2.52
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.184027
  • algorandAlgorand (ALGO) $ 0.184346
  • sonic-3Sonic (prev. FTM) (S) $ 0.495852
  • celestiaCelestia (TIA) $ 2.46
  • arbitrumArbitrum (ARB) $ 0.303750
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.79
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 84,310.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.506350
  • kucoin-sharesKuCoin (KCS) $ 10.38
  • xdce-crowd-saleXDC Network (XDC) $ 0.077533
  • makerMaker (MKR) $ 1,371.31
  • optimismOptimism (OP) $ 0.683272
  • jupiter-exchange-solanaJupiter (JUP) $ 0.386766
  • binance-staked-solBinance Staked SOL (BNSOL) $ 136.24
  • story-2Story (IP) $ 4.00
  • flare-networksFlare (FLR) $ 0.016756
  • nexoNEXO (NEXO) $ 1.03
  • usdt0USDT0 (USDT0) $ 1.00
  • bonkBonk (BONK) $ 0.000013
  • quant-networkQuant (QNT) $ 67.88
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,610.99
  • worldcoin-wldWorldcoin (WLD) $ 0.749953
  • blockstackStacks (STX) $ 0.617330
  • eosEOS (EOS) $ 0.617151
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,675.28
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999442
  • sei-networkSei (SEI) $ 0.173408
  • dexeDeXe (DEXE) $ 14.79
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • fartcoinFartcoin (FARTCOIN) $ 0.829561
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999818
  • tether-goldTether Gold (XAUT) $ 3,239.74
  • injective-protocolInjective (INJ) $ 8.08
  • curve-dao-tokenCurve DAO (CRV) $ 0.597901
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,819.10
  • mantra-daoMANTRA (OM) $ 0.812953
  • jasmycoinJasmyCoin (JASMY) $ 0.015715
  • the-graphThe Graph (GRT) $ 0.079581
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 84,133.00
  • movementMovement (MOVE) $ 0.304172
  • immutable-xImmutable (IMX) $ 0.414378
  • wbnbWrapped BNB (WBNB) $ 585.70
  • pax-goldPAX Gold (PAXG) $ 3,243.12
  • usual-usdUsual USD (USD0) $ 0.997855
  • theta-tokenTheta Network (THETA) $ 0.712497
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 84,521.00
  • heliumHelium (HNT) $ 3.67
  • lido-daoLido DAO (LDO) $ 0.733260
  • galaGALA (GALA) $ 0.014564
  • the-sandboxThe Sandbox (SAND) $ 0.259695
  • bittorrentBitTorrent (BTT) $ 0.00000064
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,713.72
  • chain-2Onyxcoin (XCN) $ 0.018972
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999065
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 143.42
  • iotaIOTA (IOTA) $ 0.163557
  • msolMarinade Staked SOL (MSOL) $ 167.46
  • kaiaKaia (KAIA) $ 0.099802
  • walrus-2Walrus (WAL) $ 0.464046
  • raydiumRaydium (RAY) $ 1.95
  • flokiFLOKI (FLOKI) $ 0.000059
  • bitcoin-svBitcoin SV (BSV) $ 28.34
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.90
  • flowFlow (FLOW) $ 0.352084
  • jito-governance-tokenJito (JTO) $ 1.71
  • tezosTezos (XTZ) $ 0.507438
  • honey-3Honey (HONEY) $ 0.999162
  • pendlePendle (PENDLE) $ 3.24
  • coredaoorgCore (CORE) $ 0.521758
  • zcashZcash (ZEC) $ 32.38
  • decentralandDecentraland (MANA) $ 0.271333
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,687.86
  • true-usdTrueUSD (TUSD) $ 0.997417
  • spx6900SPX6900 (SPX) $ 0.519392
  • pumpbtcpumpBTC (PUMPBTC) $ 83,234.00
  • pyth-networkPyth Network (PYTH) $ 0.131813
  • ethereum-name-serviceEthereum Name Service (ENS) $ 14.40
  • beldexBeldex (BDX) $ 0.068523
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999985
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999984
  • kavaKava (KAVA) $ 0.421767
  • dogwifcoindogwifhat (WIF) $ 0.456641
  • telcoinTelcoin (TEL) $ 0.004769
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 84,279.00
  • grassGrass (GRASS) $ 1.55
  • dydx-chaindYdX (DYDX) $ 0.555961
  • apenftAPENFT (NFT) $ 0.00000043
  • berachain-beraBerachain (BERA) $ 3.92
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.164609
  • clbtcclBTC (CLBTC) $ 84,183.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007413
  • solayerSolayer (LAYER) $ 1.94
  • thorchainTHORChain (RUNE) $ 1.16
  • usdbUSDB (USDB) $ 0.999531
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,686.67
  • elrond-erd-2MultiversX (EGLD) $ 13.99
  • ecasheCash (XEC) $ 0.000020
  • ousgOUSG (OUSG) $ 110.66
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,715.55
  • tbtctBTC (TBTC) $ 83,959.00
  • resolv-usrResolv USR (USR) $ 0.999897
  • neoNEO (NEO) $ 5.28
  • olympusOlympus (OHM) $ 22.56
  • compound-governance-tokenCompound (COMP) $ 41.06
  • starknetStarknet (STRK) $ 0.126200
  • axie-infinityAxie Infinity (AXS) $ 2.28
  • conflux-tokenConflux (CFX) $ 0.070284
  • chilizChiliz (CHZ) $ 0.037564
  • stargate-bridged-usdc-berachainStargate Bridged USDC (Berachain) (USDC.E) $ 1.00
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.545800
  • ubtcuBTC (UBTC) $ 77,106.00
  • aerodrome-financeAerodrome Finance (AERO) $ 0.437840
  • arweaveArweave (AR) $ 5.38
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,614.86
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998436
  • super-oethSuper OETH (SUPEROETHB) $ 1,609.69
  • apecoinApeCoin (APE) $ 0.427850
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,616.09
  • wormholeWormhole (W) $ 0.072053
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.276366
  • roninRonin (RON) $ 0.519524
  • matic-networkPolygon (MATIC) $ 0.184294
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000059
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.771109
  • usddUSDD (USDD) $ 0.999616
  • based-brettBrett (BRETT) $ 0.032242
  • fraxFrax (FRAX) $ 0.999519
  • saros-financeSaros (SAROS) $ 0.121772
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.005046
  • infrared-beraInfrared Bera (IBERA) $ 3.97
  • beam-2Beam (BEAM) $ 0.005942
  • justJUST (JST) $ 0.031330
  • plumePlume (PLUME) $ 0.154406
  • wemix-tokenWEMIX (WEMIX) $ 0.738000

Sell-off Alert! Ethereum Whale Dumps $26 Million in ETH, Eyes on $2,200

0 31

Sell-off Alert! Ethereum Whale Dumps $26 Million in ETH, Eyes on $2,200

Ethereum, the world’s second-biggest cryptocurrency has been consolidating in a tight range following the breaking of a bearish rising wedge price action pattern on a daily time frame. During this ongoing consolidation, a crypto whale Metalpha (Gnosis Safe Proxy address) has transferred a significant ETH to Binance.

Ether Whale offloads $26 million of ETH

According to the on-chain security firm Arkham, Metalpha recently transferred a substantial 10,000 ETH worth $26 million to the Binance cryptocurrency exchange. This massive token transfer has gained massive attention from crypto enthusiasts and may create selling pressure.

Despite a notable token dump, the Ether whale still holds a significant $148.46 million in cryptocurrencies. The holding includes PEPE, WSTETH, aEthwstETH, DAI, WBETH, and many more.

Ethereum Price Prediction

According to the expert technical analysis, ETH has been in a downtrend since the beginning of August 2024. Additionally, it is trading below the 200 Exponential Moving Average (EMA) on a daily time frame. With the recent breakdown of the rising wedge price action pattern, there is a high possibility that ETH could fall 15% to $2,200, in the coming days.

Sell-off Alert! Ethereum Whale Dumps $26 Million in ETH, Eyes on $2,200

However, veteran trader Peter Brandt has already shared a bearish outlook for ETH. According to his latest post, there is a high possibility that ETH could fall to the $1,600 level. Meanwhile, the bearish market sentiment, the current price action pattern, and the significant dump have made the ETH extremely bearish.

Ether price analysis

Despite the massive dump, Ether is currently trading near the $2,610 level and has experienced a price surge of 1.2% in the last 24 hours. Meanwhile, its trading volume has dropped by 47%, indicating lower participation from traders in this highly volatile market. Additionally, ETH’s open interest has remained stable over the last 24 hours, suggesting no major interest from investors amidst the ongoing selling pressure.

Source

Leave A Reply

Your email address will not be published.