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Big Ethereum Whale Adds On To Bullish Long Position As Spot ETF Approval Probability Jumps — Swaps Wrapped Bitcoin Worth Over $25M For ETH
Tuesday, May 21, 2024 - 12:22am | 670As analysts raised the possibility of a spot Ethereum (CRYPTO: ETH) ETF approval, big whales ramped up their bullish bets on the world’s second-largest cryptocurrency. What Happened: James Fickel, one of the wealthiest cryptocurrency investors, swapped 350 Wrapped Bitcoin (CRYPTO: WBTC) for 6...
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Crypto Whale's Ethereum Long Strategy Goes Awry, Resulting In $4.5M Loss: Report
Wednesday, April 17, 2024 - 10:18am | 846A major Ethereum (CRYPTO: ETH) investor reportedly lost over $4.5 million in two failed attempts to leverage the cryptocurrency. The investor then sold $33 million worth of ETH to settle the debt. What Happened: According to the Lookonchain report, the whale initially lost $500,000 while trying to...
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Bitcoin Whales May Dump Their Holdings, Leading To Price Volatility: Report
Tuesday, October 3, 2023 - 12:35pm | 556Long-term holders of Bitcoin (CRYPTO: BTC), along with a significant portion of short-term holders, are showing tendencies to retain their assets for extended durations. This indicates that so-called whale investors, those who have maintained large Bitcoin reserves inactive for prolonged periods,...
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Crypto Whale Watch: $116M In Ether Acquired In ICO Gets Moved To Kraken Exchange
Wednesday, July 19, 2023 - 10:25am | 457A digital wallet that had accumulated over 61,000 Ether (CRYPTO: ETH) during the initial coin offering (ICO) about eight years ago has now transferred the entire amount to another wallet. The wallet in question is believed to be associated with the cryptocurrency exchange, Kraken. The value of...
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Crypto Whales Dive Deep Amid SEC's Binance Charges, Spotting Opportunities In Turbulence
Tuesday, June 6, 2023 - 11:33am | 474Notwithstanding the market volatility following the Securities and Exchange Commission's (SEC) charges against Binance for purported violations of the nation's securities laws, blue-chip firms and institutional investors are lapping up the opportunity to purchase tokens at...