Crypto Whales Panic Sell ETH, HYPE & PUMP Amid Market Crash
The post Crypto Whales Panic Sell ETH, HYPE & PUMP Amid Market Crash appeared on BitcoinEthereumNews.com.
September’s market turbulence has rattled even the largest crypto holders, with a string of whale addresses caught panic-selling major tokens. These whales’ actions crystallized multimillion-dollar losses as sentiment across Bitcoin, Ethereum, and altcoins soured earlier in the week. Ethereum, HYPE, and PUMP Whales Capitulate Sponsored Sponsored Crypto markets whiplashed on Monday, with liquidations nearing the $1.7 billion mark. Coinglass highlighted this as the highest this year. According to Glassnode, leverage was flushed, reflecting reduced speculative exposure. Traders often see this as a healthy reset to stabilize derivatives markets and lower the risk of forced liquidations. However, on-chain tracker Lookonchain shows that some whales panicked and sold amid the Monday bloodbath. Whale address 0x3c9E dumped 1,000 ETH tokens worth $4.19 million in yet another poorly timed trade. The address has reportedly earned a reputation for missteps, consistently buying ETH at elevated levels and selling into weakness. “The ‘buy high, sell low’ whale 0x3c9E panic-sold 1,000 ETH ($4.19M) again… Over the past two months, this whale has always bought ETH at high prices and sold at lows,” Lookonchain wrote. The repeated pattern illustrates how even whales can become trapped in cycles of fear and poor timing. It reflects the volatility that continues to plague traders, even beyond Ethereum. Whale Dumps HYPE at a Loss Sponsored Sponsored Another whale address, 0x09D4, sold 56,569 HYPE tokens for $2.67 million at an average price of $47.23. The move locked in a $103,000 loss, as the whale had purchased the same tranche of tokens less than a month earlier for $2.77 million at $49 each. As HYPE’s price slid into late September, the whale chose to exit rather than hold through the downturn, further contributing to the bearish pressure on the token. Hyperliquid (HYPE) Price Performance. Source: BeInCrypto PUMP Whale Loses Over Half a Million Sponsored…
Filed under: News - @ September 23, 2025 12:29 pm