en.bitcoinsistemi.com
Today, all eyes are on the Federal Reserve's 2025 interest rate decision for Bitcoin ($BTC) and altcoins. While expectations are high for another 25 basis point cut in December, large investors have also become active.
According to Lookonchain, a cryptocurrency analytics platform, an ICO whale initially transferred a large amount of Ethereum ($ETH).
Accordingly, an Ethereum ICO wallet (0x782F) containing 850 $ETH ($2.82 million) transferred 1 $ETH to Coinbase after remaining inactive for over 10 years.
This wallet, which invested only $263.5 in the ICO, purchased 850 $ETH. These $ETH are currently worth $2.82 million, meaning a 10,684x return.
Another whale has bet on Ethereum's rise. According to the data, the whale with address 0x76AB sold $ETH in a spot position and then opened a long position in $ETH.
The whale sold 1,654 $ETH for 5.49 million USDC, invested it in Hyperliquid, and opened a long position of 11,543 $ETH ($38.4 million) with 7x leverage. The liquidation price was $2,907.6.
According to Lookonchain data, institutions continue to accumulate Uniswap ($UNI).
At this point, wallet 0xb5E4 has withdrawn 823,368 $UNI ($4.72 million) from Binance and Bybit in the last 24 hours and currently holds 1.61 million $UNI ($9.1 million).
Lastly, according to Arkham data, SpaceX transferred 1,021 $BTC, worth approximately $95 million, to two undisclosed addresses today.
These transfers are likely being made to Coinbase Prime for custody purposes.
According to Arkham data, the latest $BTC transfer was the second this month and the ninth this year. Arkham reports that approximately 8,910 $BTC ($924 million) in Bitcoin transactions were processed through the institutional custody platform Coinbase Prime.
*This is not investment advice.