Bear-Bull Struggle in Ethereum: Who is Buying and Who is Selling?

While bulls and bears continue to fight for Ethereum (ETH), recent large trades attracted attention.

Ethereum price in the last 3 months When it increased by 43% The whales could not remain unresponsive to this situation. Reported by on-chain analysis platform Lookonchain to data Accordingly, there have been serious transactions, both buying and selling, recently.

Among those who have recently made large purchases was HashKey, the first cryptocurrency exchange licensed in Hong Kong, as well as a number of whales. The exchange has been separated from cryptocurrency exchange Binance and OKX since December 5. 16,838 ETH worth $38 million he bought.

0x8652A whale named ” has been removed from Binance since November 29. 50 million dollars worth total 22,153 ETH took attention. “0xf72fAnother whale named ” was released from Binance last week. $18 million worth 7,952 ETH withdrawn and staked all of these assets.

Another giant whale is the average price from Binance and decentralized exchanges since September 19. $1,847 at cost $78.8 million worth 42,710 ETH he bought. Whale’s current price $22 million profit is available.

Who sells Ethereum

Bankrupt cryptocurrency exchange led by Ethereum sellers FTX and crypto lender Celsius is coming. FTX on 6 November $7.2 million to Coinbase worth 3,143 ETH He had deposited it.

Celsius last within 25 days cryptocurrency exchanges coinbase, OKX And to FalconX $136 million worth 59 thousand ETH transferred. Both companies will continue to sell many altcoins, including Ethereum, to repay their creditors.

smartestmoney.eth Another investor named joined Binance on December 6. 23.82 million dollar worth 10,633 ETH laying down $5.8 million He put your profit in his pocket.

The early Ethereum whale, which has been waiting dormant for about 5 years, took action a few days ago. this whale $87.5 million worth 39,260 Ethereum sending it all to Kraken $78 million profit did. Apart from this, a number of early Ethereum whales also soon opened their eyes and transferred ETH to either exchanges or other wallets.


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