What Are Crypto Whales Buying and Selling as the Market Taps $4 Trillion?
The post What Are Crypto Whales Buying and Selling as the Market Taps $4 Trillion? appeared on BitcoinEthereumNews.com.
The crypto market cap continued its upward trajectory this weekend, with the charts painted in green. The market cap hit $4 trillion during early Asian trading hours today, up 1.54% over the past 24 hours. As major cryptocurrencies approach their all-time highs, crypto whales are making significant moves in the market. The largest of these transactions was a staggering $210 million. Here’s a detailed breakdown of the whale’s trades. Crypto Whales Capitalize on Bull Market with Multi-Million Dollar Trades On-chain data showed that whales are actively trading Ethereum (ETH). This interest in the second-largest cryptocurrency comes as it continues to rise and remains just 11.8% shy of its all-time high (ATH). According to data from Onchain Lens, the largest transaction involved a whale or institutional entity purchasing 49,533 ETH valued at $210.68 million. The purchase was made through Galaxy Digital, FalconX, and BitGo exchanges. The Ethereum whale now has 221,166 ETH, valued at $940.73 million, spread across six different wallets. Furthermore, Maelstrom’s CIO, Arthur Hayes, took a more diversified approach. He acquired a total of $6.85 million in assets. This included: 1,250 ETH, valued at $5.29 million. 424,000 Lido DAO (LDO), worth $550,000. 420,000 Ether.fi (ETHFI), valued at $510,000. 92,000 Pendle (PENDLE) tokens, worth $500,000. These purchases reflect a significant addition to his crypto portfolio, focusing primarily on Ethereum-based assets. “On 8/2, he believed BTC would drop to $100,000 and ETH to $3,000, so he sold the ETH and ETH ecosystem tokens he bought in July, including ENA, AAVE, LDO, ETHFI, and PEPE,” analyst EmberCN wrote. Besides buying, some whales are staking their assets for additional returns. A whale, identified by the address 0xA5e…eda0, which had remained dormant for three years, staked 4,736 ETH, valued at $19.84 million. This whale had accumulated the ETH for $9.12 million approximately 4-5 years…
Filed under: News - @ August 11, 2025 5:26 am