Smart Money Raises Red Flags as ETH Hits $4.2K
The post Smart Money Raises Red Flags as ETH Hits $4.2K appeared on BitcoinEthereumNews.com.
Key Notes Ethereum reached a local high of $4,250 after two weeks of bearish consolidation. Some Ethereum investors have already started selling the asset for short-term gains. CoinGlass data shows a massive ETH inflow into CEXs. The cryptocurrency market is showing strong gains after two weeks of corrections and high volatility. The global crypto market capitalization increased by 4% in the past 24 hours, reaching $3.91 trillion with a daily trading volume of $144 billion, according to CoinMarketCap data. Moreover, the market’s fear-and-greed index also rose into the neutral zone. With the latest push, ETH $4 165 24h volatility: 5.2% Market cap: $502.72 B Vol. 24h: $36.49 B gained 7.2% and is currently trading at $4,225. It briefly touched $4,250 early on October 27. ETH’s bullish momentum came following strong interest from whales over the past week. SharpLink Gaming also brought its Ethereum holdings above the $3.5 billion mark on October 21. What Are ETH Whales Doing? On-chain data shows mixed signals for large Ethereum investors. Whale Alert data shows that an unknown wallet recently deposited over $50 million in ETH tokens to Coinbase Institutional. 🚨 🚨 🚨 11,942 #ETH (50,466,314 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/o486MRv4W8 — Whale Alert (@whale_alert) October 27, 2025 This movement could indicate preparations for a selloff as the macroeconomic conditions remain uncertain, with the US-China trade war in line. According to an X post by Lookonchain, whale 0xb927 sold 5,000 ETH for $21 million earlier today. As $ETH prices rebounded, whale 0xb927 sold another 5,000 $ETH($21M) 2 hours ago. Over the past 40 days, this whale has sold a total of 15,000 $ETH($65.5M) at $4,366 avg.https://t.co/pOtqWjjbH1 pic.twitter.com/WWEwzqw05f — Lookonchain (@lookonchain) October 27, 2025 The investor has been consistently selling ETH at local tops, with an average price of $4,366 per token. According…
Filed under: News - @ October 27, 2025 9:28 am