An Ethereum whale bought 9,389 ETH at $4,311 each about four years ago, totaling $40.47 million, and has never sold. With ETH now trading near $1,780, the whale faces an unrealized loss of $23.8 million, a 59% drop. Meanwhile, new wallets are actively withdrawing and buying large amounts of ETH, signaling mixed market activity. The price remains under pressure, having fallen 32% this year and recently dropping below the key $2,000 level, with future recovery depending on continued exchange outflows and price movements.
Bitcoin surged above $64,000 after US Consumer Price Index inflation came in at 3.5%, lower than the expected 3.8%. This cooler inflation data increased expectations that the Federal Reserve may cut interest rates sooner, which is positive for crypto...
Bitcoin rose 3.38% to $64,749, while Ethereum increased 5.74% to $1,879.82, reflecting positive momentum in major cryptocurrencies. Other coins like Binance Coin and Cardano also saw gains, indicating a broad market uptrend. Stablecoins remained stea...
Crypto buyers are showing renewed interest following a period of low activity and price declines, with Bitcoin rebounding to around $63,000–$64,000. This rebound may signal early signs of market recovery and the potential start of a new cycle, influe...
Ethereum's price has struggled to hold $1,800, currently trading around $1,748. However, large investors known as whales are aggressively buying, accumulating 87,083 ETH worth $153.8 million from exchanges. This significant buying reduces available s...
US Consumer Price Index (CPI) fell 0.4% in June, marking the biggest drop since 2020 and coming in below expectations with headline CPI at 4% and core CPI at 3%. This cooler inflation data increased the likelihood of a Federal Reserve interest rate c...
