This is the Reason, Massive $BITCOIN Dump Triggers Price Crash
A mysterious crypto whale, holding a significant portion of the $BITCOIN supply, recently executed a colossal sell-off, sending shockwaves through the market.
The address 0xdC67f1be502cdf6a665F63806D96d09F15cB1820, had been a major holder of BITCOIN.The Dump: In a sudden move, the whale sold a staggering 24 million $BITCOIN, worth approximately $5.34 million, for 50.17 $WBTC, valued at around $3.53 million.
Price Impact: This massive sell-off triggered a dramatic 52% plunge in the price of BITCOIN.
Profitable Venture: The whale's investment journey with BITCOIN dates back to May and June 2023. During this period, they spent 29.92 $ETH (worth $54,000) to acquire 54.8 million BITCOIN. Later, they sold 28.8 million $BITCOIN for 21.4 $ETH ($39,000).Total Profit: Despite the recent sell-off, the whale's overall profit from their $BITCOIN investment stands at a substantial $3.51 million.
Stay tuned for further updates and analysis of this market-moving event with #eyeonchain .
$BTC #marketcrash

Anchorage Digital just seized the dip! They accumulated 10.7M ENA (valued at $3.96 million) following the recent market crash.
A newly activated wallet linked to Anchorage Digital, 0xc04, withdrew a total of 10.741M ENA from Binance across three transactions about 10 hours ago.
Wallet Address:
0xc04b0c3f022fcb0b4964042d6fbb51a9ec002330
#ENA #ena $ENA #eyeonchain

Want to create a PERFECT TRADE, Big moves "COMING SOON" in $PEPE and $SHIB? 👀
In the last 14 hours, Flow Traders transferred a massive 520 billion $PEPE (worth $4.73M) back to their wallet after a five-month break. And that’s not all – they’ve also received 4K $BNB ($2.32M), 175 billion $SHIB ($3.06M), 8 billion $FLOKI, and 15K $AVAX.
This wallet has been actively trading $PEPE for around seven months now, with its last big transaction just two weeks ago when $PEPE’s price spiked. So far, none of these recent transfers have been sent to exchanges, but we’re keeping a close watch. Could we see these tokens hit the market soon?
Wallet to watch: 0x4Cc7A9a050a90B73ef1122A4Fa665a9DD11683
#eyeonchain

Galaxy Digital's Mysterious Banana Movement

Galaxy Digital, a prominent digital asset management firm, has made an intriguing on-chain transaction involving the lesser-known cryptocurrency, Banana (BANANA).

A wallet believed to be associated with Galaxy Digital (0x0485d90f0f14be92b92048c6ead41132869d240d) recently deposited 25,000 BANANA tokens, valued at approximately $1.21 million, to Binance. This transfer occurred within the past 15 hours.

Adding to the mystery, just 3 hours prior to this deposit, the same wallet received a substantial amount of 75,000 BANANA tokens, worth around $3.48 million, directly from the Banana Gun's Treasury.

Given that Galaxy Digital is not known for its market-making activities, these on-chain movements strongly suggest a potential over-the-counter (OTC) deal.

Potential Explanations:
Strategic Investment: Galaxy Digital might be making a strategic investment in the BANANA token, recognizing its potential growth or utility within the broader cryptocurrency ecosystem.
Client Acquisition: The firm could be acting on behalf of a client interested in acquiring a large amount of BANANA tokens.
Market Making Partnership: While unlikely given their stated business focus, there's a possibility that Galaxy Digital is exploring a market-making partnership for BANANA.
It's important to note that this analysis is based on publicly available on-chain data and speculation. Further information from Galaxy Digital or other involved parties would be necessary to confirm the exact nature of these transactions.

Would you like to explore potential implications of this move or discuss other potential scenarios?

#BananaCoin $BANANA #eyeonchain

Vitalik Buterin has just moved another 400 ETH (worth $1.05M) into the privacy-focused mixer, Railgun, through address 0x181.

His main address is: 0x1db3439a222c519ab44bb1144fc28167b4fa6ee6
The middle address used is: 0x1810c87a85b1d3aff71f3bd7fe45e4dc03eff10e

Interestingly, Vitalik has previously praised Railgun as a powerful tool for protecting user privacy. Over the last 10 months, he has transferred a total of 662 ETH (about $1.91M) to Railgun.

#Vitalik_Buterin $ETH #eyeonchain

Wallet 1Q3Zk (likely associated with Justin Sun) has just deposited 499.99 BTC ($32.1M) to Binance via Justin Sun's alleged BTC Binance deposit address, 1Fbsr, in the past 11 hours.

🔗 Address: 1Q3ZkUvSrd3u52jyq5dvpB79NsceKTAxAW

💼 Since BitGo's WBTC custody deal with Justin Sun on August 11, several wallets have deposited a total of 3,090 BTC ($188M) to Binance via the 1Fbsr address. So far, 2,591 WBTC ($156M) has been withdrawn to the Ethereum wallet 0xbe6d2444a717767544a8b0ba77833aa6519d81cd.

#BTC☀ $BTC #eyeonchain

🚨 TON Liquidity Provider Exit!

A $TON liquidity provider just removed all their liquidity and sold 356,545 $TON ($1.98M) at an average price of $5.57 in the past 4 hours.

🔗 Address: 0xaba6b18cbcd388745f6b0de936495cb90dbc80d2

#TONCOİN $TON #eyeonchain

🚨 Institutional ETH Sales Alert!

It seems that institutions have been selling $ETH today!

#AmberGroup deposited 6,443 ETH ($17.62M) to #Binance and #Kraken around 6 hours ago.
#Cumberland followed suit, depositing 6,439 $ETH ($17.66M) to #Binance 3 hours ago.

🔗 Addresses:

0xEc9fC235A8064698A2533c2D489DEFF4fBA8226B
0xe287AA11128C7DB934722963325146f3EFA217b5

$ETH #ETH🔥🔥🔥🔥 #eyeonchain

#eyeonchain good

Mt. Gox Moves Another $709 Million in Bitcoin

Mt. Gox, the infamous defunct crypto exchange, has once again made a significant move. Just four hours ago, the exchange transferred 12,000.17 BTC, valued at approximately $709.44 million, likely to Bitstamp.

This latest transfer follows a series of large-scale Bitcoin distributions in July. In that month, Mt. Gox sent a total of 95,523 BTC ($6.14 billion) to various exchanges and platforms, including BitGo, Bitstamp, Kraken, SBIVCTrade, and Bitbank.

However, it's important to note that Mt. Gox still holds a substantial amount of Bitcoin. The exchange currently has 46,164 BTC, worth around $2.74 billion.

As Mt. Gox continues to liquidate its remaining assets, it's crucial to monitor how these transfers impact the broader Bitcoin market.

#Bitcoin❗ $BTC #eyeonchain #MtGox钱包动态

Alex Svanevik, CEO of Nansen, deposited the remaining 3M LDO ($2.89M) to Coinbase 25 minutes ago.

Svanevik is an initial DAO member of Lido and received a total of 5M LDO ($4.91M) on December 17, 2020.

Address: 0xC006544B93e86E8999623C1D12d2E352c61C8123.

#eyeonchain #LidoDAO #LDO/USDT📈 $LDO

🚨 Hackers Deposit 17,800 ETH ($42.7M) into Tornado Cash in the Past 3 Days

Three hackers have recently funneled large amounts of stolen ETH into Tornado Cash:

Penpiexyz Exploiter: Deposited 9,600 ETH ($23M) to Tornado Cash.

WazirX Exploiter: Deposited 7,200 ETH ($17.3M) to Tornado Cash.

Hacker of Fenbushi Capital's Bo Shen: Deposited 1,000 ETH ($2.4M) after stealing $42M from Bo Shen, the founder of Fenbushi Capital.

These transactions highlight an ongoing trend of using Tornado Cash for laundering funds post-exploit.

#eyeonchain #ETH🔥🔥🔥🔥 $ETH

Metalpha Redeems 10K ETH from Lido, Deposits on Binance

Metalpha, a prominent player in the DeFi space, has made a significant on-chain move. The company redeemed 10,000 ETH, valued at approximately $26.09 million, from Lido and subsequently deposited it onto Binance just 14 hours ago.

Wallet address: 0x4353e2df4e3444e97e20b2bda165bdd9a23913ab

Metalpha currently maintains substantial holdings in both wstETH and stETH, with a balance of 33,207 wstETH (worth $102 million) and 30,675 stETH (valued at $80 million).

#ETH $ETH #LidoFinance #eyeonchain

Someone created a new wallet and withdrew 3,175 $SOL ($508K) from #MEXC and #Bitget to purchase 932K $CATDOG in a single transaction ~ around 11 hours ago.

Unfortunately, the investment is currently down $391K (-77%).

🔗 Address: AzDG1FHCAXvqF4huaNNkNpjepx3cqiKgjpi7BWyDVoW9

#SOL #solana #eyeonchain $SOL

The Ethereum Foundation made a significant move by depositing 35,000 ETH ($93.86 million) to Kraken approximately 21 hours ago.
The transaction was made from the address 0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae.

This marks their largest ETH transfer out in 2024 so far. Prior to this, the Ethereum Foundation had only occasionally sold a few hundred ETH on decentralized exchanges, totaling 2,516 ETH for 7.4 million DAI.

#ETH🔥🔥🔥🔥 $ETH #eyeonchain

Trader 0x602 Scores Massive 202% Profit on BANANA

A savvy trader, identified by the wallet address 0x602f2cff76a60efb311c63787cbf82a83dbca38f, has just cashed in on a highly profitable BANANA trade.

Within the past 16 hours, the trader sold off the first 7,500 BANANA tokens from their holdings, receiving more than 122.4 ETH in return. This sale translates to an average selling price of $57.96 per ETH.

The impressive part of this trade lies in the trader's acquisition cost. Between February 10th and July 7th, 2024, they accumulated a total of 10,072 BANANA tokens using just 75.72 ETH. This equates to an average purchase price of only $19.28 per ETH, or a total investment of approximately $194,000.

By selling off the initial 7,500 BANANA tokens, the trader has realized a profit of more than $319,000. Considering their total investment, this represents a staggering return of 202%.

The trader still holds 2572 BANANA tokens, currently valued at $136.992K. This remaining position has the potential to further increase the trader's overall profit.

#BANANA $BANANA #eyeonchain

Two Whales Make Significant AAVE Purchases

A pair of crypto whales have been actively acquiring AAVE tokens in recent hours. Combined, they purchased a substantial 31,407 AAVE tokens, valued at approximately $3.92 million.

Whale 0x3737: PEPE Profits Fuel AAVE Investment
One of the whales, identified as 0x3737, has a notable history with the memecoin PEPE. Holding a massive 3.56 trillion PEPE tokens worth around $28.4 million, this whale has already reaped substantial profits from their PEPE investment, exceeding $28 million.

The recent AAVE purchase involved a significant outlay of 813 ETH, valued at $2.18 million, to acquire 17,690 AAVE tokens at an average price of $123. This suggests a bullish outlook on AAVE's future performance.

Whale 0x3737 address: 0x373704e394EF150241aeE836115d78Aba3FC5c76

Whale 0x1D15: Strategic AAVE Accumulation
The second whale, 0x1D15, has taken a slightly different approach. They withdrew 13,717 AAVE tokens, worth $1.73 million, from Binance just one hour ago. This whale now holds a total of 19,373 AAVE tokens, valued at $2.45 million.

Whale 0x1D15 address: 0x1D15337CC7445d8F71cf6ade11Cdd3941E7f5bc0

#AAVE #aave #eyeonchain $AAVE

Whale Continues Massive SOL Dump

A significant Solana (SOL) whale has once again offloaded a substantial portion of its holdings. The anonymous investor, identified by the wallet address 52KYt2BqTHYT6znUusiKay5Nay37169tHeP71VnmgAVN, sold another 20,000 SOL, valued at approximately $2.9 million, just 16 hours ago.

This latest transaction adds to a growing trend of SOL disposals by the whale. Since January 15th, they have liquidated a staggering 614,000 SOL, amounting to a total of $89 million.

#solana $SOL #eyeonchain

Whale 0x48a (likely an investor in SingularityNet) just spent 2.835M USDT to buy back 1.792M FET ($2.39M) via Binance at an average price of $1.332 in the past 11 hours.

🔗 Address: 0x48a5507b37f4b276fdb782e79bbf05c41ce1b6a8

🧐 Notable Transactions:

The whale received 10M AGIX from SingularityNet on May 30 and 31, 2021, when AGIX was priced at just $0.045 ($456K).
These were later migrated to 4.334M FET on July 6, 2024.
Between August 11 and 23, 2024, the whale sold 2.333M FET for 2.385M USDT at an average price of $1.022 via Binance.
However, with FET's price surging by 67% over the past 7 days, the whale appears to have reconsidered and bought back 1.792M FET at a higher price.

📊 Current Holdings: The whale now holds a total of 3.79M FET ($5.04M).

#FET❤️ $FET #eyeonchain