Arthur Hayes, co-founder of BitMEX, sold 6,000 Ethereum tokens at a $606,000 loss after recently buying nearly $10.6 million worth of ETH. Despite his sell-off, other large investors like K3 Capital and a wallet linked to entrepreneur Chun Wang continue to accumulate ETH around a key support zone near $1,700. Ethereum is currently trading below key resistance levels and faces a crucial support range between $1,500 and $1,800, with technical indicators showing mixed signals. The next significant price move will likely depend on whether ETH breaks above $1,800 or falls below $1,700, with liquidation data highlighting strong liquidity clusters around these levels.
Abraxas Capital, a London-based digital asset firm managing over $4 billion, has taken large short positions totaling around $783 million on Hyperliquid, including major tokens like ETH, Bitcoin, HYPE, and Solana. To hedge these short positions, the ...
Ethereum's MVRV ratio formed a golden cross on August 19, triggering a 34% price surge from $1,905 to $2,547. Whale wallets holding over 10,000 ETH increased by 1.74%, with 17 new large holders joining, indicating strong buying interest. Additionally...
Ethereum's price jumped 31% in a week, driven mainly by a massive 1,514% increase in short liquidations averaging $131 million weekly. This forced short covering boosted trading volumes and pushed network activity higher, with base fees up 189% and f...
Term Finance, a DeFi lending protocol on Ethereum, lost about $8.5 million after a hacker exploited its DAO governance system by buying a majority of governance tokens at low cost. This allowed the attacker to approve malicious proposals and drain 2,...
A crypto analyst known as DonAlt shared bullish price targets for Ethereum and Bitcoin, suggesting Ethereum could hit $4,000 and potentially surge to $10,000 if strong resistance is overcome. Currently trading above $2,400, Ethereum faces a key resis...
