In brief
- An Ethereum whale has bought $32 million in ETH, signaling institutional interest amid corporate accumulation.
- A Solana whale sold $93 million, indicating “waning whale confidence” in the asset.
- A Bitcoin whale netted $835,000 profit, closing a short position as the market hints at a potential bottom.
With Bitcoin trading in a tight range, the crypto market continues to remain on the sidelines, leading to an uptick in speculation from large investors.
A newly created wallet purchased $32 million worth of Ethereum on crypto exchange OKX at an average price of $3,824, per Arkham data.
The whale’s purchase comes after SharpLink and Bitmine Immersion Technologies
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Author: Akash Girimath
