BitcoinEthereumNews·
The post Ethereum OG Offloads $136 Million in ETH and wstETH as Sellers Test $2,000 appeared on BitcoinEthereumNews.com. Key Takeaways Lookonchain says an Ethereum OG sold 55,000 ETH and 9,442 wstETH for ~$136M in a week, averaging $2,041. The selling adds to ETF outflows, pressuring ether as it tests the key $2,000 support level. Other whales are accumulating, with one buying 21,800 ETH for $47M, signaling split conviction. A Week of Steady Selling The wallet, an early participant holding coins since the network’s first years, sold 55,000 ETH worth about $112.25 million and 9,442 wstETH worth roughly $24 million over the past week. The combined $136 million was offloaded at an average price near $2,041 per ETH, according onchain data. Image source: X The wstETH tokens are a form of wrapped staked ether (wstETH), a liquid version of ETH locked in the Lido staking protocol. Selling both the liquid and staked portions of a position suggests a holder reducing exposure broadly rather than
Read full articleStandard Chartered is maintaining its $40,000 Ethereum price target even after ETH fell 57% from its August 2025 high. The bank believes growth in stablecoins and tokenized assets could eventually help close the gap between Ethereum’s fundamentals and price. Why Standard Chartered Still Sees Ethereum Reaching $40,000 Ethereum’s underlying network indicators continue strengthening even as […]
The post Ethereum (ETH) Price Prediction: ETH Holds $2K as Bulls Eye Recovery Towards $2,570 appeared on BitcoinEthereumNews.com. Ethereum price is still fighting to hold one of its most important short-term zones as the market remains split between bearish pressure and early recovery signals. ETH is trading near the $2,024 level, with price moving mostly sideways after another volatile session around the $2,000 region. Ethereum Price Holds Above $2,000, But Momentum Looks Weak Ethereum price is still holding above the $2,000 level, but the structure does not look fully convincing yet. The latest price action shows ETH recovering from intraday weakness, but the market has not produced a strong breakout that would confirm a clean trend reversal. Ethereum holds above the key $2,000 level, but weak spot demand and repeated retracements keep bulls under pressure. Source: Ted via X Ted noted that ETH Ethereum price is holding above $2,000, but warned that spot demand is fading, ETFs are s
Ethereum tests key support near $2,023 as traders watch $2,725 resistance and signs of a potential rally ahead. Ethereum is testing a key ascending support area as traders watch for a possible bottom formation. The ETH price is near $2,023 on the daily Bitstamp chart, after losing the lower Fibonacci zone. Market focus is now […] The post Ethereum Tests Ascending Support As Traders Eye Next Major Rally Setup appeared first on Live Bitcoin News.
The post A16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million appeared on BitcoinEthereumNews.com. Key Takeaways An A16z-linked wallet has amassed 3.9 million HYPE worth $192.6 million since April 14, per Lookonchain. The buying makes A16z the largest external HYPE holder as the token reached its all-time high of $67.24 yesterday. A Genesis-era whale sold 1.5 million HYPE for a $95 million gain, testing the rally’s next leg. Smart Money on Both Sides A wallet that onchain analysts have linked to venture capital firm Andreessen Horowitz (A16z or A16z Crypto) has quietly turned into Hyperliquid’s most aggressive institutional buyer. The address has accumulated about 3.9 million HYPE worth roughly $192.6 million since April 14, at an average price near $49.40, according to blockchain tracker Lookonchain. It added another 226,121 tokens, about $14.5 million, in a single day this week. The scale of the position has been climbing fast, with Bitcoin.com News
SUI hit a new yearly high of 1,539 TPS as the token traded near $0.91, with traders watching $0.90 support and $1 resistance. SUI reached a new yearly high of 1,539 transactions per second today, while its token traded near $0.91. The network activity marked a fresh throughput milestone, but the daily price chart showed […] The post SUI Hits New Yearly High As Network Reaches 1,539 TPS In Latest Surge appeared first on Live Bitcoin News.
A practical overview of Nodle, the Bluetooth-based IoT network, its token mechanics, use cases, ecosystem and risks. The post Nodle Explained: IoT Connectivity Token And Network appeared first on BiteMyCoin.
The post Ethereum Downside Pressure May Persist As Leveraged Longs Dominate appeared on BitcoinEthereumNews.com. The Ethereum derivative market is carrying a lot of one-sided risk, and price action is starting to reflect the strain. A CryptoQuant update published on May 29 flags that leverage remains elevated, long positioning still dominates, and RSI momentum is weakening. That combination, the analysts argue, points to continued short-term downside pressure. Underneath the surface, the on-chain picture is more nuanced. Ethereum remains a leader in developer activity — BlockchainReporter’s recent developer activity rankings show the network at the top — but that hasn’t been enough to absorb the weight of overextended derivative traders. The CryptoQuant note does not mince words. Its central signal is that the futures crowd is betting heavily on upside at a time when spot market engines are sputtering. When open interest builds alongside a dominant long bias and the price fails to push
The post Ethereum Price Struggles, Yet Whales Keep Accumulating: Here’s Why appeared on BitcoinEthereumNews.com. The post Ethereum Price Struggles, Yet Whales Keep Accumulating: Here’s Why appeared first on Coinpedia Fintech News Ethereum price may be flashing weakness, but smart money appears increasingly unfazed. As ETH price trades under pressure and momentum slows, some of the market’s biggest wallets are quietly accumulating again, a move that historically tends to matter. The disconnect is raising fresh speculation across the market. Is Ethereum simply losing momentum, or are whales … Source: https://coinpedia.org/price-analysis/ethereum-price-struggles-yet-whales-keep-accumulating-heres-why/
