Bitcoin (BTC):
$400M Sale: Bitcoin whales sold $400M worth of BTC, resulting in a large netflow of -3960 BTC and triggering a bearish reaction.
Awakening of a dormant wallet: An ancient whale that bought Bitcoin at $0.06 each moved 2,000 BTC for the first time in over a decade.
Ethereum (ETH):
Transactions above $1 million: Over the past week, the number of transactions above $1 million rose to 8,482 – the highest level since August.
6,900 ETH Sale: Ethereum whales sold 6,900 ETH, sparking concerns among traders.
Transfer of 50,000 ETH to Kraken: The largest transaction involved 50,000 ETH, worth $153 million, transferred to Kraken.
Other cryptocurrencies:
CULT Token Purchase: The whale invested 207 ETH (approximately $754,000) to purchase 127.89 million CULT tokens.
It is important to remember that whale activity can affect market volatility, but is not always a clear indicator of future price trends.
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