13 Aug 2025, 05:25

ETH Whale Sells: Unpacking the Massive $90 Million Ethereum Sale

BitcoinWorld ETH Whale Sells: Unpacking the Massive $90 Million Ethereum Sale A significant event has unfolded in the cryptocurrency world: an ETH whale sells a substantial amount of Ethereum, grabbing the attention of traders and analysts alike. This massive transaction highlights the influence large holders, often referred to as crypto whales, can have on market dynamics. Understanding these moves is crucial for anyone tracking the Ethereum whale activity and its potential impact on the broader market. Who is This Ethereum Whale and What Did They Do? The mysterious entity known as “7 Siblings” recently executed a remarkable sale. This particular Ethereum whale offloaded 19,957 ETH, converting it into 90.44 million USDC. This sale occurred at an average price of approximately $4,532 per ETH. Such a large-scale transaction by a single entity is always noteworthy, providing valuable on-chain analysis for market watchers. On-chain analyst @EmberCN on X was among the first to highlight this significant movement. Their analysis provides transparency into the actions of these major market participants. These insights are vital for understanding the flow of capital within the crypto ecosystem. What’s the History Behind This Crypto Whale’s Holdings? The “7 Siblings” crypto whale is not new to the Ethereum market. They made a substantial entry during last year’s market crash on August 5th, acquiring a staggering 100,000 ETH at an approximate price of $2,270 per coin. This strategic purchase positioned them to capitalize significantly on Ethereum’s subsequent price recovery. Even after this recent large-scale divestment, the whale’s holdings remain impressive. They are estimated to still possess around 280,000 ETH, which is currently valued at approximately $1.3 billion. This demonstrates their enduring conviction in Ethereum’s long-term potential, despite taking some profits. How Does a Large ETH Whale Sells Event Impact ETH Price? When an ETH whale sells such a significant volume, it naturally raises questions about its potential effects on ETH price . While a $90 million sale is substantial, the market’s absorption capacity for Ethereum is also considerable, given its multi-billion dollar daily trading volume. Often, such sales are executed over-the-counter (OTC) or through various decentralized exchanges to minimize direct market impact. However, the psychological effect can be profound. News of a major whale taking profits can sometimes trigger short-term bearish sentiment, especially among smaller investors who might interpret it as a signal of impending downturn. Conversely, the market might view it as healthy profit-taking, indicating maturity. Key considerations include: Market Liquidity: How easily can the market absorb such a large sell-off without significant price drops? Whale’s Intent: Is this a full exit, or strategic rebalancing? In this case, the whale still holds a large sum, suggesting rebalancing. Overall Market Sentiment: Is the broader crypto market bullish or bearish? This influences how a sale is perceived. What Can We Learn from This Crucial On-Chain Analysis? This event underscores the importance of monitoring on-chain analysis and whale movements. Tools that track large transactions provide valuable insights into market sentiment and potential supply shifts. While not every whale move dictates future price, understanding their behavior can offer a more complete picture of market dynamics. For investors, this situation offers a few actionable insights: Diversify: Relying too heavily on a single asset, even Ethereum, carries risks. Do Your Own Research (DYOR): Don’t blindly follow whale movements. Understand the context. Long-Term Vision: Whales often have a long-term strategy. Short-term price fluctuations from their sales might not reflect the asset’s fundamental value. In conclusion, the recent $90.44 million ETH whale sells event by “7 Siblings” provides a fascinating glimpse into the strategies of major cryptocurrency holders. While substantial, this profit-taking appears to be part of a larger, well-timed investment strategy, with the whale still retaining a significant Ethereum position. Monitoring such movements through on-chain analysis offers a deeper understanding of market forces, empowering individual investors to make more informed decisions amidst the ever-evolving ETH price . Frequently Asked Questions (FAQs) Q1: Who is the “7 Siblings” whale? A1: “7 Siblings” is a pseudonym for a large cryptocurrency holder who has executed significant trades in Ethereum, notably buying 100,000 ETH during the August 2023 market crash and recently selling a portion of their holdings. Q2: How much ETH did “7 Siblings” sell recently? A2: The “7 Siblings” whale recently sold 19,957 ETH for 90.44 million USDC, at an average price of approximately $4,532 per ETH. Q3: What impact do large ETH sales have on the market? A3: Large sales, like when an ETH whale sells a significant amount, can create short-term volatility or bearish sentiment. However, the overall impact depends on market liquidity, the whale’s intent (profit-taking vs. full exit), and broader market sentiment. Q4: How can I track crypto whale movements? A4: You can track crypto whale movements through various on-chain analysis platforms and tools that monitor large transactions on blockchain networks, often shared by analysts on social media platforms like X. Q5: What is on-chain analysis? A5: On-chain analysis involves examining data directly from a blockchain, such as transaction volumes, wallet activity, and asset flows, to gain insights into market trends and participant behavior, including that of an Ethereum whale . Did you find this article insightful? Share it with your friends and fellow crypto enthusiasts on social media to spread awareness about significant market movements and the power of on-chain data! To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum price action. This post ETH Whale Sells: Unpacking the Massive $90 Million Ethereum Sale first appeared on BitcoinWorld and is written by Editorial Team

13 Aug 2025, 05:19

Ether May Approach $8,656 If Bitcoin Reaches $150,000, Analysts Suggest

Ether (ETH) could potentially reach $8,656 if Bitcoin (BTC) hits $150,000, based on historical market trends where ETH typically captures 30-35% of BTC’s market cap during bull runs. Bitcoin’s price

13 Aug 2025, 05:17

Asia stocks climb as Nikkei tops 43,000 while traders price a 94% chance of a Fed cut

Stocks across Asia rose on Wednesday while the U.S. dollar stayed soft, after fresh figures pointed to steady growth in big economies and a case for central banks to keep policy supportive. Gains in equities came alongside calm moves in currencies and commodities. On Tuesday, Wall Street set new records as investors grew more certain the Federal Reserve will lower interest rates next month. In Tokyo, Japan’s Nikkei crossed 43,000 for the first time. In digital assets, ether climbed to near a four-year high. New U.S. inflation readings suggested President Donald Trump’s tariff policy has not yet fed through to consumer prices. In Japan, a separate report showed manufacturers turned more upbeat about business conditions after a trade deal with the United States. Globally, the MSCI All Country World Index advanced for a second day to 948.54, its highest level ever. Japan’s Nikkei added 1.4%, also logging a fresh record for the second session in a row. Data from the U.S. Labor Department showed the consumer price index increased 2.7% in the 12 months through July. The S&P 500 closed at a high In New York, the S&P 500 and the Nasdaq closed at all-time highs after President Trump signed an executive order that pauses triple-digit tariffs on Chinese goods for another 90 days. Traders now see a 94% chance of a Fed cut in September, up from nearly 86% the prior day and about 57% a month ago, according to the CME FedWatch tool. Investors were especially alert to the inflation print because it followed a weaker-than-expected jobs report on August 1, a combination that had stirred talk about stagflation risks. Politics around the central bank also drew notice. Trump nominated White House adviser Stephen Miran to temporarily fill an open seat on the Federal Reserve’s Board of Governors, prompting fresh debate over potential White House sway on monetary policy. Separately, the White House said it was “the plan” for the Bureau of Labor Statistics to keep releasing its monthly employment report after Trump’s choice to lead the agency, E.J. Antoni, had proposed suspending its publication. Dollar remained little changed In currency trading, the dollar was little changed at 147.84 yen. The euro edged up 0.1% to $1.1684 after a 0.5% jump the previous session, as reported by Cryptopolitan earlier. The dollar index, which tracks the greenback against major peers, fell for a second straight day. In crypto markets, ether touched $4,634.70 in early dealings, the highest since December 2021, before easing 0.9%. Energy and metals were quiet. U.S. crude slipped 0.05% to $63.14 a barrel. Spot gold was steady at $3,348.1 per ounce. Looking to Europe, futures pointed to a positive open. Euro Stoxx 50 futures were up 0.2%, Germany’s DAX futures rose 0.3%, and FTSE futures gained 0.1%. U.S. equity futures were flat, with S&P 500 e-minis little changed. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.

13 Aug 2025, 05:16

Ethereum could reach over $8.5K if Bitcoin taps $150K, says trader

Ether's market value has typically reached up to 35% of Bitcoin's in past cycles, and could reach $8,500 if the pattern repeats and Bitcoin hits $150,000.

13 Aug 2025, 05:13

Grayscale Moves Toward Spot Cardano and Hedera ETFs with New Filings

Grayscale Investments has registered two new statutory trusts in Delaware for Cardano and Hedera, signaling it may be preparing to launch spot exchange-traded funds for both assets. The filings, dated Aug. 12, list the entities as the Grayscale Cardano Trust ETF and the Grayscale Hedera Trust ETF, both organized as general statutory trusts. The registrations appear on Delaware’s official corporate records portal and follow a pattern the asset manager has used before when preparing for ETF launches. Similar filings have often preceded S-1 submissions to the US SEC, a required step before a fund can begin trading. Earlier this year, the SEC acknowledged NYSE Arca’s 19b-4 form for Grayscale’s proposed spot Cardano ETF and Nasdaq’s form for a Hedera ETF. Those acknowledgments marked the first stage in the regulatory review process. [FILING] Grayscale Registers Hedera and Cardano Trust ETF in Delaware $HBAR $ADA — BecauseBitcoin.com (@BecauseBitcoin) August 12, 2025 Cardano and Hedera Trusts Mark Next Phase of Grayscale’s ETF Strategy These new trusts are Grayscale’s first altcoin ETF registrations in Delaware for Cardano (ADA) and Hedera (HBAR). The firm has already registered investment trusts for other alternative cryptocurrencies, including Dogecoin , Filecoin, Avalanche and Bittensor. The move comes alongside the launch of two separate Grayscale trusts offering exposure to the native tokens of DeepBook and Walrus , projects that provide trading and data infrastructure on the Sui blockchain. Industry analysts view these steps as part of a broader push by US asset managers to expand into altcoin-based ETFs, building on the commercial success of spot Bitcoin and ether funds. That success has drawn increasing interest from institutional investors seeking regulated exposure to a wider range of digital assets. Regulatory Tailwinds Strengthen Case for Altcoin ETFs Cardano is known for its research-driven approach to blockchain development. It also focuses heavily on scalability. Meanwhile, Hedera offers an alternative distributed ledger model, and it is designed for enterprise use cases. Therefore, ETF listings for these tokens could open new access points for investors. They would appeal to those who prefer traditional market structures over direct token purchases. The regulatory environment is now shifting in favor of such products. Recently, the SEC approved in-kind redemption mechanisms for spot Bitcoin and Ether ETFs. As a result, this decision has encouraged more filings linked to other cryptocurrencies. The SEC and the Commodity Futures Trading Commission are also working together on “Project Crypto.” This initiative aims to clarify how digital assets are classified under US law. As part of this effort, regulators are determining which tokens should be considered securities. Consequently, this addresses a long-standing uncertainty for potential issuers. Last month, Grayscale also confidentially filed for a US initial public offering with the SEC, underscoring its ambitions to broaden its market presence. If approved, spot Cardano and Hedera ETFs could boost liquidity and market engagement for both tokens, while providing institutional investors with new, regulated vehicles to gain exposure. The Delaware filings indicate Grayscale is laying the groundwork to bring these products to market once regulatory clearance is secured. The post Grayscale Moves Toward Spot Cardano and Hedera ETFs with New Filings appeared first on Cryptonews .

13 Aug 2025, 05:12

BitMine and SharpLink Explore Significant ETH Acquisitions by 2025, Potentially Shaping Crypto Treasury Strategies

BitMine and SharpLink are set to acquire substantial Ethereum holdings, projected between $200-$400 billion by 2025, potentially transforming crypto treasury strategies. BitMine and SharpLink aim for significant ETH acquisitions by