Oh look, the crypto seas are a-bubbling! 🐋 ETH whales are diving into the deep end, snatching up Ethereum like it’s going out of style, even as its market dominance takes a nose-dive to a mere 8%. 📉
Ethereum (ETH) is feeling a bit like a sinking ship these days, what with all the sell-off pressure and tariffs making everything wobble like a tipsy crypto-coin. Bitcoin (BTC) isn’t exactly the life raft we were hoping for either.
In the past year, ETH’s price has taken a nose-dive, plummeting 46%—and let’s be real, it’s not exactly winning any races against Bitcoin. Rekt Capital, the crypto oracle, tells us ETH’s dominance has been on a slippery slope since June 2023, falling from a lofty 20% to a paltry 8%. Ouch. 😬
But wait! There’s a glimmer of hope in this crypto-drama. Ethereum has a history of bouncing back when it’s down in the dumps. So, is this the ultimate dip to dive into? The whales seem to be saying, “Cha-ching! 🤑”
As ETH flounders below $2,000, these big fish are increasing their crypto stash. According to IntoTheBlock, large transactions have been on the rise, jumping from 4.41k to over 4.61k in just two days. That’s a lot of ETH changing hands!
And get this: on-chain data reveals that three crypto-whales have splurged over $40 million on ETH in the past 24 hours. Because, you know, it’s just pocket change. 🛍️
“A mystery whale popped up, threw down $20.78M for a whopping 11,463 ETH at $1,813,” Lookonchain reported. Because who doesn’t love a good shopping spree?
This particular whale has been on a buying binge since March 26, 2025. Talk about commitment to the crypto cause!
This whaley friend bought another 4,100 ETH ($7.32M) at $1,785 today. Since March 26, they’ve scooped up a staggering 33,441 ETH ($65.5M) at an average price of $1,959. Someone’s been busy!
Turns out, this crypto-whale grabbed 3,195 ETH for $5.97 million on March 29, and then another 4,100 ETH for over $7.32 million on April 4, 2025. And the best part? They got a sweet discount on the latest batch, averaging $1,785 per ETH. Bargain! 🛍️
So, what’s the grand total? 33,441 ETH, all for the low, low price of more than $65.5 million. And the average price per ETH? A cool $1,959. Not too shabby for a day’s work in the crypto-pond.
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2025-04-04 19:55