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BitMEX co-founder sells 6,000 ETH at a $606K loss amid mixed whale activity around $1,700 support.

Technical Signals
20 Jun 2026
Blockonomi
View Source
Bearish
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Arthur Hayes, BitMEX co-founder, sold 6,000 Ethereum tokens at $1,690 each, realizing a $606,000 loss after buying them at $1,793. Meanwhile, institutional investors like K3 Capital and a wallet linked to Chun Wang accumulated over 17,000 ETH, signaling confidence at current price levels near $1,700. Ethereum is trading near a key Fibonacci retracement support level with bearish momentum indicators, while significant liquidity clusters around $1,800. The market awaits a decisive move either below $1,700 or above $1,800 to set the next trend direction.

More News (ETH)

New Solana DeFi app boosts trading efficiency with advanced tools and seamless cross-protocol features.

New Solana DeFi app boosts trading efficiency with advanced tools and seamless cross-protocol features.

A new decentralized exchange app launched on Solana offers advanced order-matching and streamlined liquidity pools, enabling traders to execute complex strategies more efficiently. The app reduces friction in cross-protocol interactions, allowing use...

Protocol Fundamentals
Bullish
5 hours ago
Ethereum sell pressure rises as Arthur Hayes moves $10M ETH to exchanges, signaling potential price drop.

Ethereum sell pressure rises as Arthur Hayes moves $10M ETH to exchanges, signaling potential price drop.

Arthur Hayes, former BitMEX CEO, transferred 6,000 ETH worth about $10.41 million from his private wallets to centralized exchanges, signaling possible sell-off. Ethereum's market cap has dropped significantly, and exchange reserves have increased, i...

Market News
Bearish
7 hours ago
F2Pool co-founder withdraws 54,500 ETH from Binance over two weeks, signaling possible long-term holding.

F2Pool co-founder withdraws 54,500 ETH from Binance over two weeks, signaling possible long-term holding.

Wang Chun, co-founder of F2Pool, withdrew about 54,500 ETH from Binance in multiple transactions over two weeks, a significant outflow that reduces sell-side supply on the exchange. This pattern suggests a deliberate strategy, possibly moving assets ...

Market News
Neutral
10 hours ago
Ethereum whale buys 7,000 ETH, exchange outflows rise, keeping price above $1,700 support.

Ethereum whale buys 7,000 ETH, exchange outflows rise, keeping price above $1,700 support.

A major Ethereum whale bought 7,000 ETH worth $11.8 million, increasing total whale purchases to 17,800 ETH in ten days, signaling strong confidence from large holders despite recent price struggles. Exchange data showed a net outflow of $13.35 milli...

Technical Signals
Bullish
11 hours ago
US-Iran deal collapse triggers $192M liquidations in Bitcoin, Ethereum, and XRP

US-Iran deal collapse triggers $192M liquidations in Bitcoin, Ethereum, and XRP

The postponement of US-Iran peace talks in Switzerland amid regional tensions has led to over $192 million in liquidations across Bitcoin, Ethereum, and XRP. Ethereum suffered the most with $43 million liquidated, followed by Bitcoin with $41 million...

Market News
Bearish
13 hours ago
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