An anonymous whale wallet sold 20,000 ETH for about $41.18 million within an hour, averaging $2,059 per ETH. This large sale adds to recent whale exits, including an 8,771 ETH deposit to Binance earlier in May, signaling growing selling pressure on Ethereum. The rapid sale likely involved an OTC desk or acceptance of price slippage, impacting market liquidity and price stability around the $2,000 support level. Traders should watch for further whale activity that could intensify selling pressure.
Bitcoin fell below the key $75,000 level, sparking a sharp selloff across major cryptocurrencies including Ethereum and top altcoins. This drop triggered around $400 million in liquidations of leveraged long positions, intensifying market panic. The ...
Cryptocurrency markets saw a general decline with Bitcoin trading around $75,403, down 1.87%. Major altcoins like Ethereum, Binance Coin, and Solana also experienced price drops, some exceeding 3%. The market shows cautious sentiment as investors rea...
Bitcoin dropped 3.31% to $74,666 on May 22, 2026, driven by Middle East geopolitical tensions, massive ETF withdrawals, and a hawkish Fed. Record liquidations of $577.9 million indicate panic selling, with Bitcoin losing 15% since January amid a chal...
Bitmine, led by Tom Lee, purchased 60,000 ETH worth $126 million, increasing its Ethereum holdings to over 5.3 million ETH, about 4.3% of total supply. This follows a recent $154 million ETH buy and aligns with their goal to reach 5% of total ETH sup...
Ethereum's Layer 1 network reached a new peak of 1.87 million daily transactions by the end of 2025, surpassing previous records while transaction fees dropped to historic lows around $0.21. This shift followed the March 2024 Dencun upgrade, which in...
