en.bitcoinsistemi.com
In the last 3 hours, wallets affiliated with cryptocurrency analysis and investment company Matrixport deposited a total of 95,873 $ETH (approximately $452 million) to Binance and OKX exchanges.
In the last 2 hours, 2,354.6 $BTC ($272 million) was withdrawn from the same wallets from Binance and OKX.
This move is interpreted as the company selling $ETH and buying $BTC.
Another notable move in the Ethereum market came from the constantly buying and selling address 0x3c9E. This unlucky whale is known for selling during market dips and buying again when prices rise. His transactions in recent months are as follows:
- July 29 – August 3: 38,582 $ETH ($136.9 million) sold, average price $3,548.
- August 8 – 15: 16,800 $ETH ($74.3 million) were bought back, average price $4,424.
- August 16–20: 10,900 $ETH ($47.6 million) sold, average price $4,369.
- Last 20 hours: 7,500 $ETH ($35.6 million) bought back, average price $4,747.
Another notable move came from a major Bitcoin investor. This early-stage whale increased his Ethereum holdings by selling an additional 4,000 $BTC (approximately $460 million). He has purchased 179,448 $ETH ($806 million) so far, at an average cost of $4,490. He currently holds a long position of 135,265 $ETH ($581 million).
*This is not investment advice.