News
Ethereum whale group “7 Siblings” sold $88.2 million in ETH within 15 hours as short-term traders locked in profits.
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Whale News
A cryptocurrency whale, often known simply as a “whale,” is an individual, institution or exchange in the crypto community that holds substantial quantities of cryptocurrencies. Whales hold enough cryptocurrency to be able to manipulate the price of cryptocurrencies. As a result, the state of the market can be understood by observing how whales act, whether they are selling or accumulating.
A whale occasionally posts a sizable order to sell a considerable amount of its cryptocurrency tokens, also called the “sell wall” effect. They maintain a lower price than other sell orders, leading to volatility, which generally lowers the price of digital coins. Following this, there is a domino effect where others sell their tokens at lower prices out of panic. As a result, whales gain more power, as they can purchase more coins for less money.
In addition, whales frequently artificially raise the price of the tokens by placing large buy orders, which is the opposite of the sell wall effect. They increase interest in cryptocurrency tokens, which motivates buyers to improve their offers. In essence, whales impact other token investors through a ripple effect. They can influence the market in their favor by raising and lowering prices.
- News
The new whale’s investments came amid record-breaking Ether ETF inflows, which may help Ether recapture its old all-time high, market watchers told Cointelegraph.
6875 - Market Analysis
XRP price faces mounting pressure as whales exit, and $2.65 emerges as the line between recovery and a bigger correction.
7677 - Market Analysis
A Power of 3 pattern suggests a $126,000 target for Bitcoin after a leverage reset, but BTC price must first flip its immediate resistance level into new support.
7605 - Explained
A Bitcoin whale likely moved 80,000 BTC from dormant wallets after alarming OP_RETURN messages were sent across multiple old addresses.
- Explained
A wallet has scooped up over 331 million Pi coins during a major price slump, raising questions about insider moves or a strategic bet on Pi’s future.
- News
Ether “mega whales” continued buying the cryptocurrency, which dipped and began recovering over the weekend.
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Old Bitcoin being sold to new institutions is a sign of its “integration with the financial system," Ryan McMillin, chief investment officer at Merkle Tree Capital told Cointelegraph.
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A fresh wave of profit-taking from newly emerged Bitcoin whales has marked the third major distribution event of this bull run, according to CryptoQuant.
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Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist.
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Bitcoin traders turn cautious as BTC trades near a critical support level, but outright panic is absent in derivatives markets.
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Data shows the market still favors ETH even after Bitcoin’s sharp sell-off to $115,000.
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An OG Bitcoin whale’s $9.6 billion transfer and the stablecoin audit requirements imposed by the GENIUS Act are sparking correction concerns among some industry watchers.
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Kadan Stadelmann, chief technology officer at Komodo Platform, speculates the whale might be securing its “jaw-dropping profits” after 14 years of holding.
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Lookonchain first noticed the whale in early July, noting its eight wallets received Bitcoin in April and May 2011, before going dormant for over a decade.
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