12 Aug 2025, 17:11

White Whale tops hyperliquid leaderboard with over $50 million in profits

A new high-profile whale has emerged on Hyperliquid. White Whale was extremely successful, topping the leaderboards for the past 30 days with over $50M in profits. Hyperliquid has a new high-profile whale with big social media influence. White Whale was successful in the past month, topping the leaderboards with over $50M in gains. While not being the most masterful trader when it comes to returns on the position, White Whale had the biggest retained profit. The top trader known as the White Whale showed his prowess on Hyperliquid with over $50M in gains for the past 30 days. | Source: Hyperliquid Hyperliquid also invited high-profile whales from previous bull markets, including Machi Big Brother, who locked in profits from his bullish stance. Overall, the participation of whales is an indicator of the popularity of coins and tokens. The White Whale is part of the minority of large ‘Leviathan’ size traders who are bullish. Based on wallet statistics on Hyperliquid, all trader groups are bullish except for ‘Leviathan’ positions. However, that top group of apex predators is also losing in most cases. The White Whale avoids risky positions Unlike other high-profile traders, the White Whale avoids being contrarian or taking aggressive positions for exposure. During the last 30-day period, the White Whale traded with strong bullish convictions, not capitulating during the temporary downturn. The White Whale’s positions usually go against those of other high-profile traders, James Wynn and Aguila Trades . The trader recently posted an origin story of moving from a business venture to a full-time crypto trader. Crypto quite literally saved my mental health. I was running a company I had founded years before. It was my “dream” at the time – but somewhere along the way, the passion died. Every day became a grind. I wasn’t creating anymore, I was just surviving. I knew I had to walk… — The White Whale (@TheWhiteWhaleHL) August 11, 2025 This trader is also an advocate for decentralized exchanges, praising Hyperliquid’s permissionless environment that prevents market maker favoritism and censorship. The White Whale remarked that Hyperliquid solves the problem of having market makers favored by the exchange. The DEX still has aggressive whales and counter-traders, but no slowdowns in posting collaterals or closing positions. Hyperliquid open interest takes a step back Hyperliquid open interest is down to $12.7B, after a recent hike to over $15B. After a historically successful month, Hyperliquid still produces over $4M in fees. The platform regularly achieves over $10B in daily volumes, still a fraction of the activity on centralized markets. Despite the slowdown in volumes, Hyperliquid remains immensely popular, with over 160K HYPE holders. The Hyperliquid network also surpassed all other L1 and L2 chains in 24-hour fee revenue, reflecting demand for high-leverage trading. Hyperliquid is still ahead of all other chains in terms of daily fees, based on demand for derivative trading with higher leverage. | Source: Artemis As a result of the growing demand, HYPE is once again expanding. The native token reached $43.55, rising over 15% in the past week. HYPE is once again aiming for levels above $50 and ongoing expansion due to regular token burns. HYPE trading is also getting more diverse, as only 47% of volumes are on Hyperliquid. Initially, most of the token trading happened on the decentralized exchange, but now the asset faces more diverse price pressures. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

12 Aug 2025, 17:10

SharpLink ETH Holdings Soar: A Tremendous $23.1M Ethereum Investment Boosts Digital Assets

BitcoinWorld SharpLink ETH Holdings Soar: A Tremendous $23.1M Ethereum Investment Boosts Digital Assets In the dynamic world of cryptocurrency, significant moves often capture attention. Recently, SharpLink Gaming made headlines with a substantial Ethereum investment . This action has dramatically boosted their SharpLink ETH holdings , signaling a powerful play in the digital asset space. It’s an exciting development that prompts us to look closer at the implications of such large-scale crypto whale activity . What Propelled This Major ETH Acquisition? According to insights from Lookonchain on X, SharpLink Gaming completed a significant ETH acquisition . They purchased an impressive 5,226 ETH, valued at approximately $23.1 million. This recent acquisition has pushed their total SharpLink ETH holdings to a staggering 604,026 ETH, which is currently worth around $2.69 billion. Clearly, this is not a minor transaction; it represents a strategic and confident move. Scale of Purchase: SharpLink added 5,226 ETH in a single transaction. Total Value: Their Ethereum portfolio now stands at an impressive $2.69 billion. Source: The data was reported by Lookonchain, a reputable on-chain analytics platform. This substantial purchase positions SharpLink Gaming as a significant player among crypto whale activity . It indicates a strong belief in Ethereum’s long-term value proposition and its role within the broader blockchain ecosystem. Why Does a Large Ethereum Investment Matter? When a major entity like SharpLink Gaming undertakes such a massive Ethereum investment , it sends ripples across the market. Such actions can influence market sentiment and potentially attract further institutional interest in digital assets. A large ETH acquisition by a single holder demonstrates conviction in the asset’s future. Moreover, significant digital asset accumulation by well-known companies can validate the asset class for more cautious investors. It suggests that these assets are maturing beyond speculative instruments into legitimate components of diverse portfolios. The growing SharpLink ETH holdings highlight a trend where companies are increasingly integrating cryptocurrencies into their financial strategies. Understanding SharpLink’s Growing Digital Asset Portfolio SharpLink Gaming, primarily known for its sports betting and iGaming technology, is now making a name for itself in the cryptocurrency space. Their escalating SharpLink ETH holdings reveal a deliberate strategy to diversify and capitalize on the burgeoning digital economy. This approach aligns with a broader trend where companies are exploring new avenues for growth and value creation beyond their traditional business models. The continuous growth in their digital asset accumulation , particularly in Ethereum, suggests a long-term vision. They are not merely dabbling; they are committing substantial capital to this asset class. This significant Ethereum investment by a company outside the traditional crypto sphere can be seen as a bullish indicator for the entire market. What Does This ETH Acquisition Mean for the Market? Every major ETH acquisition , especially one of this magnitude, contributes to the overall market dynamics. Large purchases can reduce the circulating supply of an asset, potentially impacting its price. While one transaction alone may not dictate the market, sustained crypto whale activity can certainly influence trends. For investors, observing SharpLink ETH holdings provides insight into the confidence levels of large players. It prompts questions about Ethereum’s utility, scalability, and future upgrades. This kind of significant digital asset accumulation often sparks further discussion and analysis within the crypto community, encouraging both new and experienced participants to evaluate their own strategies. In conclusion, SharpLink Gaming’s recent $23.1 million Ethereum investment marks a pivotal moment for their SharpLink ETH holdings . This substantial ETH acquisition underscores a growing trend of significant digital asset accumulation by institutional players. It is a clear example of how strategic crypto whale activity can signal confidence and potentially influence market sentiment. As the digital asset landscape evolves, such moves will continue to shape its trajectory. Frequently Asked Questions (FAQs) Q1: What are SharpLink ETH holdings? A1: SharpLink ETH holdings refer to the total amount of Ethereum (ETH) cryptocurrency that SharpLink Gaming owns. As of their recent purchase, their holdings reached 604,026 ETH, valued at approximately $2.69 billion. Q2: What is considered crypto whale activity? A2: Crypto whale activity describes the large-scale transactions and holdings of individuals or entities that possess significant amounts of cryptocurrency. These ‘whales’ can influence market prices due to the sheer size of their buying or selling actions, as seen with SharpLink’s recent ETH acquisition . Q3: Why is Ethereum investment important for companies? A3: An Ethereum investment can be important for companies seeking diversification, exposure to emerging technologies like DeFi and NFTs, and potential capital appreciation. It allows them to participate in the growing digital economy and expand their digital asset accumulation strategies. Q4: How does an ETH acquisition affect the crypto market? A4: A large ETH acquisition can affect the crypto market by signaling strong demand, potentially reducing circulating supply, and boosting investor confidence. It can also encourage other large players to consider similar Ethereum investment strategies, leading to increased overall market activity. Q5: What is Lookonchain? A5: Lookonchain is a blockchain analytics platform that tracks and reports on significant cryptocurrency transactions and wallet activities, often highlighting major movements by large holders or ‘whales’ like the SharpLink ETH holdings . Did you find this article insightful? Share it with your friends and colleagues on social media to spread awareness about significant moves in the crypto space! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action . This post SharpLink ETH Holdings Soar: A Tremendous $23.1M Ethereum Investment Boosts Digital Assets first appeared on BitcoinWorld and is written by Editorial Team

12 Aug 2025, 17:08

Bitcoin’s 4-Year Cycle May Be Over as XRP Eyes Breakout and Ethereum Whale Moves $135M

Bitcoin’s traditional four-year cycles are considered ‘dead’ by Pierre Rochard, as the halving events no longer significantly impact supply dynamics. Halving events are now irrelevant for price movements due to

12 Aug 2025, 17:05

A Break Above This Level May Unleash XLM Rally As Shorts Get Wiped Out

Stellar Lumens (XLM) is edging closer to a potential breakout that could reshape its near-term trajectory. According to crypto commentator STEPH IS CRYPTO, the $0.47 price mark is the key level to watch. A decisive move above this barrier could trigger a wave of short liquidations, potentially unleashing a powerful rally. As of report time, XLM is trading at $0.4361, showing modest daily gains alongside an uptick in trading volume. This rise in activity points to a growing sense of anticipation among both spot traders and leveraged market participants. The price has been steadily building a base, setting the stage for what could be a significant move. Technical Landscape On the technical front, XLM has been developing a bullish market structure on both daily and weekly charts. The $0.45–$0.47 zone represents a critical confluence of resistance levels, including trendline caps, moving averages, and prior order blocks. BREAKING: A BREAK ABOVE $0.47 MAY UNLEASH $XLM RALLY AS SHORTS GET WIPED OUT! pic.twitter.com/sd8HBrZHUe — STEPH IS CRYPTO (@Steph_iscrypto) August 12, 2025 Breaking through $0.47 on a daily closing basis would not only mark a shift in market sentiment but could also convert this level into solid support. Such a technical shift would likely pave the way for a move above $0.50, with traders eyeing higher upside targets should momentum hold. Derivatives and Short-Covering Pressure The real intrigue surrounding $0.47 lies in the derivatives market. Open interest in XLM futures has grown significantly over the last two days, reflecting an increase in leveraged positions. Data from liquidation heat maps shows that a substantial cluster of short positions still lingers just above the current price. If XLM surges past $0.47 with conviction, the resulting wave of forced short covering could intensify buying pressure and drive prices higher at an accelerated pace. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Looking Ahead T he path forward for XLM hinges on whether a breakout can attract sustained spot buying and positive on-chain flows. If it does, the rally could extend well beyond initial targets, building on both technical and sentiment-driven momentum. However, without that broader support, any squeeze-induced spike could be short-lived, with price retreating toward the $0.36–$0.40 range. Traders will be closely watching funding rates, open interest patterns, and order book dynamics to gauge the strength of any move that unfolds. The $0.47 level has become the focal point for XLM’s next decisive move. As STEPH IS CRYPTO emphasizes, a clean and well-supported breakout above this line could trigger an aggressive rally by flushing out overleveraged shorts. The next few sessions may determine whether Stellar Lumens can seize this opportunity or whether resistance once again proves too strong. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post A Break Above This Level May Unleash XLM Rally As Shorts Get Wiped Out appeared first on Times Tabloid .

12 Aug 2025, 17:05

Significant ETH Withdrawal: Over 23,000 Ethereum Leaves Kraken for Secure Cold Storage

BitcoinWorld Significant ETH Withdrawal: Over 23,000 Ethereum Leaves Kraken for Secure Cold Storage A recent development in the crypto world has caught the attention of many, signaling a potentially positive shift in investor behavior. Reports indicate a significant ETH withdrawal from the Kraken exchange, involving a substantial amount of Ethereum moving to a newly created wallet. This kind of movement often sparks discussions among market participants, as it suggests a shift towards more secure, long-term holding strategies. What Does This Significant ETH Withdrawal Mean? Blockchain analytics firm LookOnChain recently reported via X (formerly Twitter) that a fresh wallet initiated a massive ETH withdrawal of 23,365 Ethereum from Kraken. This considerable sum is valued at approximately $104 million, highlighting the scale of the transaction. For many in the cryptocurrency space, such large withdrawals from exchanges are typically interpreted as a bullish sign. Reduced Selling Pressure: When digital assets like Ethereum are moved off exchanges, it often indicates that the owner intends to hold them for the long term, rather than sell them immediately. This reduces the available supply on exchanges, potentially easing selling pressure. Increased Confidence: It can also signal increased confidence in Ethereum’s future price action, as investors are choosing to secure their assets in private wallets instead of keeping them readily accessible for trading. Why is a Large Kraken ETH Movement Noteworthy? The movement of such a significant amount of Kraken ETH is particularly noteworthy due to its size and the destination. Kraken is a well-established cryptocurrency exchange, and large outflows often attract attention from analysts monitoring market sentiment. The fact that these funds moved to a newly created wallet suggests a deliberate decision to establish a fresh, secure storage solution for these assets. This event stands in contrast to deposits onto exchanges, which can sometimes precede selling activity. Instead, this Ethereum withdrawal suggests a shift towards self-custody, where the owner takes direct control of their private keys and, by extension, their funds. This move emphasizes security and long-term investment rather than short-term trading. Exploring the Benefits of Crypto Cold Storage The destination of these funds—a newly created wallet—strongly suggests a move towards crypto cold storage . Cold storage refers to keeping cryptocurrencies offline, away from internet-connected systems. This method is widely considered the most secure way to protect digital assets from hacking attempts and cyber threats. Enhanced Security: Cold wallets, such as hardware wallets or paper wallets, are not connected to the internet, making them impervious to online hacks. Full Control: Users retain full control over their private keys, meaning they are not reliant on a third-party exchange to secure their funds. This significantly reduces counterparty risk. Long-Term Holding: It’s ideal for investors planning to hold their assets for extended periods, providing peace of mind against potential exchange insolvency or security breaches. Understanding the security benefits of cold storage is crucial for anyone serious about protecting their digital wealth. Is This Ethereum Withdrawal a Trend? While one large Ethereum withdrawal doesn’t necessarily set a definitive trend, it contributes to a broader narrative often observed in bull markets or periods of strong conviction. Whales and large investors frequently move significant portions of their holdings off exchanges when they anticipate long-term growth or wish to reduce exposure to exchange-specific risks. This particular large crypto withdrawal aligns with the behavior of seasoned investors prioritizing security and long-term asset accumulation. Such movements can inspire confidence among smaller investors, reinforcing the idea that Ethereum is a valuable asset to hold rather than merely trade. It’s a reminder that many participants are committed to the long-term vision of the crypto ecosystem. In conclusion, the substantial ETH withdrawal from Kraken to a new wallet is a significant event that highlights a prevailing positive sentiment among large holders. It underscores the growing importance of self-custody and the perceived security benefits of moving assets into cold storage. This move by a major holder signals confidence in Ethereum’s future, encouraging a focus on long-term investment strategies and robust security practices within the cryptocurrency community. Frequently Asked Questions (FAQs) What does a large ETH withdrawal from an exchange signify? A large ETH withdrawal typically signifies that the holder intends to move their assets into more secure, private storage for long-term holding, rather than selling them immediately. It can indicate reduced selling pressure and increased confidence in the asset’s future. What is crypto cold storage? Crypto cold storage refers to keeping cryptocurrencies offline, away from internet-connected systems. This method, often using hardware wallets or paper wallets, is considered the most secure way to protect digital assets from online hacking attempts. Why do investors move ETH from exchanges to private wallets? Investors move ETH to private wallets primarily for enhanced security, full control over their private keys, and to reduce counterparty risk associated with keeping funds on an exchange. It’s a common practice for long-term holders. Is Kraken a secure exchange for Ethereum? Kraken is widely regarded as one of the more secure and reputable cryptocurrency exchanges. However, even with secure exchanges, many investors prefer to move significant holdings to personal cold storage for maximum security and control. How can I secure my Ethereum effectively? To secure your Ethereum effectively, consider using a hardware wallet for cold storage, enabling two-factor authentication (2FA) on all your accounts, using strong unique passwords, and being wary of phishing attempts. Did you find this article insightful? Share it with your friends and fellow crypto enthusiasts on social media to spread awareness about important crypto market movements and security practices! To learn more about the latest Ethereum trends, explore our article on key developments shaping Ethereum price action. This post Significant ETH Withdrawal: Over 23,000 Ethereum Leaves Kraken for Secure Cold Storage first appeared on BitcoinWorld and is written by Editorial Team

12 Aug 2025, 17:03

BitMine Immersion (BMNR), the #1 ETH Holder, Files to Sell $24.5 Billion in Stock to Buy More Crypto

Bitmine Immersion (BMNR), the #1 corporate ETH holder, has filed to raise a massive $24.5 billion. The company already holds 1.15 million ETH, more than 10x its closest public competitor. Proceeds from the stock sales may be used to acquire even more Bitcoin and Ethereum. Ethereum treasury company BitMine Immersion Technologies (BMNR) has massively expanded its war chest, filing a supplementary proposal to increase its capacity to sell common stock under its at-the-market (ATM) program to $24.5 billion to diversify into crypto. The SEC filing breaks down the total into $2 billion from the current proposal, $2.5 billion from a prior supplement, and a new $20 billion allocation. Breaking: Ethereum treasury company BitMine released a supplementary prospectus stating that they are increasing the total amount of Common Stock that may be sold under the Sales Agreement to up to $24.5 billion, comprising of up to $2.0 billion under the Prospectus, $2.5 billion… pic.twitter.com/SGLTpnq5O4 — Wu Blockchain (@WuBlockchain) August 12, 2025 Part of a bigger trend. BitMine is leading the pack, but they aren’t the only ones. Here’s our news report on Ethereum becomi… The post BitMine Immersion (BMNR), the #1 ETH Holder, Files to Sell $24.5 Billion in Stock to Buy More Crypto appeared first on Coin Edition .