12 Aug 2025, 18:10

Dormant Whale ETH: Shocking $3.17M Transfer Unveiled on Kraken

BitcoinWorld Dormant Whale ETH: Shocking $3.17M Transfer Unveiled on Kraken A significant event just unfolded in the crypto world: a long-inactive, or dormant whale ETH address, suddenly came alive. This particular address, dormant for over a year, recently moved a substantial amount of Ethereum to the Kraken exchange. Such movements often capture the market’s attention, hinting at potential shifts or future actions by major holders. What Triggered This ETH Whale Movement? According to data shared by Onchain Lens on X, a crypto whale transferred 711 ETH, valued at approximately $3.17 million, to Kraken. This particular ETH whale movement is noteworthy because the address had been inactive for an entire year. When a wallet remains dormant for such an extended period and then initiates a large transaction, it naturally raises questions among market observers. What exactly is a ‘whale’ in the crypto space? It refers to an individual or entity holding a very large amount of a particular cryptocurrency. Their actions, especially large transfers, can potentially influence market sentiment and price dynamics due to the sheer volume involved. Understanding the Impact of a Crypto Whale Deposit The arrival of a substantial crypto whale deposit on an exchange like Kraken can have various implications. Historically, when large sums of cryptocurrency move to exchanges, it often suggests a potential intent to sell. This is because exchanges are the primary venues for trading and liquidating assets. However, a transfer to an exchange doesn’t always mean an immediate sell-off. Other reasons for such a move could include: Preparing for Staking: The whale might be moving funds to stake them on the exchange, earning passive income. Rebalancing Portfolio: The whale could be preparing to diversify their holdings, moving ETH to exchange for other assets. Responding to Market Conditions: A sudden market shift might prompt the whale to position funds for quick action, whether buying or selling. Analyzing Past Kraken ETH Transfers and Market Reactions The history of Kraken ETH transfer events provides valuable insights. Traders and analysts constantly monitor these large movements, using on-chain data to anticipate market trends. A significant large ETH transaction can sometimes precede increased volatility, as market participants react to the potential for a major sell-off or buy-up. While past performance doesn’t guarantee future results, observing these patterns helps in understanding market psychology. When a whale moves funds, it creates a buzz, leading to speculation and often, amplified price action in the short term. It highlights the importance of on-chain analytics for those looking to stay ahead in the fast-paced crypto market. What’s Next for This Dormant Whale’s ETH? The crypto community will closely watch the next moves of this dormant whale ETH . Will the 711 ETH be sold, leading to potential selling pressure? Or will it be used for other purposes, such as participation in decentralized finance (DeFi) protocols or long-term staking strategies? For investors, this event serves as a reminder to monitor on-chain indicators. While individual whale movements are just one piece of the puzzle, they contribute to the overall market narrative. Staying informed about such significant transactions can help you make more informed decisions. In conclusion, the sudden awakening of a long-dormant whale and its substantial ETH whale movement to Kraken is a compelling development. Whether this signals an impending sale, a strategic rebalancing, or another play, it underscores the dynamic and often unpredictable nature of the cryptocurrency market. Keep an eye on the blockchain; the story of this dormant whale’s ETH is still unfolding. Frequently Asked Questions (FAQs) What is a dormant whale in crypto? A dormant whale refers to a cryptocurrency address holding a large amount of a specific digital asset that has remained inactive, meaning no transactions have occurred from it, for a significant period (e.g., months or years). Why do whales move ETH to exchanges like Kraken? Whales often move ETH to exchanges like Kraken for various reasons, including preparing to sell their holdings, rebalancing their portfolio, participating in staking programs offered by the exchange, or preparing funds for other trading activities. How does a large ETH transfer impact the market? A large ETH transfer, especially from a previously dormant wallet, can create speculation about potential selling pressure, which might lead to price volatility. It can also signal increased liquidity on the exchange, potentially attracting more trading activity. How can I track crypto whale movements? You can track crypto whale movements using on-chain analytics platforms and services like Onchain Lens, Whale Alert, or Nansen, which monitor large transactions and provide real-time alerts and insights into significant wallet activities. Is this dormant whale ETH transfer a bullish or bearish signal? The signal is ambiguous. While a transfer to an exchange often suggests potential selling (bearish), it could also be for staking or rebalancing (neutral to bullish depending on the intent). Market participants watch for subsequent actions to determine the true sentiment. Did you find this analysis of the dormant whale ETH transfer insightful? Share this article with your network on social media to keep others informed about significant crypto market developments! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action . This post Dormant Whale ETH: Shocking $3.17M Transfer Unveiled on Kraken first appeared on BitcoinWorld and is written by Editorial Team

12 Aug 2025, 18:08

USDC Issuer Circle to Launch Ethereum-Compatible Arc Blockchain

Circle , the company behind the USDC USDC stablecoin, has announced plans to roll out its own blockchain called Arc before the end of 2025 .

12 Aug 2025, 18:02

Chainlink Price Surges Over 8% as Total Value Secured Exceeds $93 Billion Amid New Developments

Chainlink’s price has surged over 8% to reach $24.07, driven by a total value secured exceeding $93 billion, marking a significant milestone for the blockchain protocol. Chainlink price hit highs

12 Aug 2025, 18:01

Ethereum’s Record Contract Deployment and Whale Accumulation Suggest Potential for Sustained Gains Amid Market Caution

Ethereum’s recent record in contract deployment, coupled with significant whale accumulation, suggests a potential bullish trend in the market. Ethereum’s 180-day Moving Average of new Smart Contracts has hit an

12 Aug 2025, 18:00

Market Expert Says Sell All Ethereum By October, Here’s Why

Market expert Orbion has advised market participants to sell all their Ethereum holdings by October. He analyzed ETH’s price action to explain why the altcoin could reach its peak by then. Why Investors Should Sell Ethereum In October In an X post, Orbion said that he is still bullish on ETH right now but that the plan is to fully exit by the end of October. He noted that the Bitcoin price has already recorded a 100% gain from the lows this year, showing strong momentum and institutional demand. Meanwhile, Ethereum has broken and held above $4,200, which sets the stage for a final push higher in the coming weeks. Related Reading: Here’s Why The $4,000 Level Is Important For Ethereum From An Options Point Of View Orbion claimed that the setup looks strong now, but every cycle ends the same way, in a fast and brutal manner when the top comes. The market expert stated that his short-term target for Ethereum is in the $5,800 to $6,000 range, if it sustains this momentum. This would represent a 300% gain from the cycle lows. The market expert expects Bitcoin to start showing signs of topping in late September, with Ethereum following shortly after, possibly in October. He predicts that by the end of October, BTC could be in the $55,000 range and ETH back to $1,400, which is why he is advising investors to take profits by October. Orbion remarked that this is not a bearish but simply how post-peak corrections have played out historically. He indicated that investors should start planning their exits from now because the markets don’t give anyone time to react when momentum dies. The expert noted that altcoins can drop about 20% in a single day as liquidity dries up. As such, market participants could end up selling into panic and not strength if they don’t prepare accordingly. Key Metrics To Watch For ETH’s Market Top Orbion stated that key metrics like NUPL, SOPR, and MVRV have efficiently signaled the tops in past cycles. He explained that NUPL at +0.75 shows extreme unrealized profit levels across holders, which the expert claimed is a major warning sign. Furthermore, the SOPR turning negative shows coins are being sold at a loss after euphoria peaks. Related Reading: Analyst Shares Where Bitcoin, Ethereum, And XRP Prices Will Be By 2032 Meanwhile, the expert explained that the MVRV being deep red means that the market value is far above the cost basis, which is unsustainable for an extended period. For now, Orbion is still bullish on Bitcoin, Ethereum, and the broader crypto market because of the Fed rate cut expected to come in September. He claimed this will be a catalyst for crypto and that liquidity injections will fuel the final leg of the rally, although the expert warned it will be fast, lasting only weeks and not months. Therefore, investors have to start planning their exit before then. At the time of writing, the Ethereum price is trading at around $4,310, up in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

12 Aug 2025, 18:00

Cold Wallet Boosts Live Cashback Features! SUI Holds at $3.3 & Uniswap Shows Strength

Uncertainty in the market hasn’t stopped SUI price analysis from showing a steady return to the $3.3 liquidity zone, an area drawing consistent market attention. Uniswap (UNI) price movement remains notable after pushing past a key neckline at $9.65, holding momentum despite short-term overbought levels. The spotlight, however, is on Cold Wallet , which continues to attract more users and reward activity with automatic $CWT cashback. Having raised over $5.9 million during 17 stages, with its launch price locked at $0.3517, it blends active functionality with a clear growth approach, earning its place among the top crypto projects to follow in 2025. SUI Price Movement Holds at $3.3 Liquidity Range SUI has recently touched the $3.3 mark, an area previously rich in liquidity. Such price levels often act like magnets for market action, reflecting traders’ interest where higher transaction activity exists. This reaction is a typical sign of liquidity zones influencing short-term price direction. Still, this level doesn’t necessarily secure a lasting floor. Depending on overall market behavior, the price may aim for another upward push or revisit lower points. This type of movement is common, where price shifts can be quick and unexpected. Watching areas like $3.3 helps to read possible market paths, as SUI’s latest activity demonstrates. Uniswap (UNI) Price Action Points to Bullish Reversal A bullish EMA crossover confirms a shift in Uniswap’s trend, with its price holding well above vital moving averages. The breakout from the descending channel validated an inverse head-and-shoulders pattern, with the $9.65 neckline now acting as a strong base. The surge above this level came on heavy trading volume, showing both short covering and fresh buying pressure. Although the RSI at 71 shows overbought territory, the controlled pace and high volume point to sustained stability. Pullbacks toward $9.80–$9.65 could serve as healthy pauses, keeping the overall upward path in place. The earlier ceiling at $10.14 has been broken, shifting sentiment to bullish. Maintaining consolidation above $9.65 could see the Uniswap price movement aiming for $10.50 and higher. Cold Wallet Turns Everyday Use Into Lasting Gains Cold Wallet reshapes how a digital wallet operates. Instead of watching balances drop when paying gas fees, swapping coins, or bridging assets, these same actions return cashback in CWT, the wallet’s own currency. This is automatic, with no staking, lock-ups, or extra steps. Each action adds to potential growth rather than depleting funds. The advantage lies in connecting daily usage directly to CWT market activity. More transactions keep CWT circulating, sustaining demand beyond the initial launch phase. The design ensures ongoing relevance and engagement. Currently, Stage 17 pricing is at $0.00998, while the confirmed launch price stands at $0.3517, signaling a potential 3,423% increase. Early stages priced at $0.007 offered an even greater gap. With over $5.9 million raised so far, it has drawn attention from analysts monitoring the top crypto to buy in the coming year. The presale follows a tiered 150-stage plan, where each stage increases the price slightly toward the launch value. This rewards early supporters while keeping a balanced pace for those joining later. Unlike many wallet projects still in development, Cold Wallet is already live. Cashback rewards are available immediately from the first transaction, making it a proven model rather than a concept. In a space where real utility and adoption matter, it stands out as a functioning product with room to grow. Final Take SUI price analysis shows how the $3.3 area continues to attract activity, while Uniswap price movement holds above $9.65, signaling sustained strength. Both highlight technical resilience, but Cold Wallet brings an entirely different value layer. Its CWT’s cashback system benefits users from the start, without requiring extra actions. With over $5.9 million raised and pricing still well below launch value, it combines practical use with strong potential. Standing among the top crypto projects to watch in 2025 , Cold Wallet offers a working system already in motion, setting it apart as a mix of utility and growth potential. Explore Cold Wallet Now: Presale: https://purchase.coldwallet.com/ Website: https://coldwallet.com/ X: https://x.com/coldwalletapp Telegram: https://t.me/ColdWalletAppOfficial The post Cold Wallet Boosts Live Cashback Features! SUI Holds at $3.3 & Uniswap Shows Strength appeared first on TheCoinrise.com .