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.
Bitcoin hovered around $63,700 to $64,215 amid cautious trading ahead of the U.S. July inflation report. Large holders, or whales, accumulated 46,420 BTC, the biggest 60-day increase since March, while smaller holders sold about 9,700 BTC. Spot Bitco...
Ethereum is trading near $1,887, maintaining support between $1,720 and $1,780. A significant whale wallet recently bought 50,000 ETH worth $93.6 million and staked it, adding to a total $170 million in recent purchases, signaling confidence in ETH's...
Bitcoin traded near $63,700 on Aug. 12, with most major cryptocurrencies edging higher ahead of the July U.S. inflation report. Dogecoin and BNB led gains, while Bitcoin struggled to hold above $65,000 amid mixed ETF flows and rising oil prices, whic...
Ethereum is defending a critical support range between $1,720 and $1,780, which is vital for maintaining bullish momentum. A strong breakout above $1,875 could push ETH toward $2,200, but losing support may lead to further declines. A major whale has...
Ahead of Wednesday's U.S. Consumer Price Index (CPI) release, bitcoin and ether remain in a tight trading range, with traders positioning for a potential breakout. Some investors are buying call options betting on a price rise if the CPI is softer th...
