A large cryptocurrency holder, known as a whale, deposited 6,595.2 Ether (ETH) valued at about $17.57 million to Coinbase. The whale had held the ETH for roughly a year but faced a loss of approximately $2.443 million, with the asset's value down 12.3% from their purchase price. At one point, the losses exceeded $9.557 million. Most of the ETH, about 6,500 coins, were withdrawn from exchanges between June and August 2025 at an average price of $3,040.40 before being deposited to Coinbase, indicating a possible stop-loss strategy to limit further losses.
The recent large deposit of 6,595 Ether by a whale to Coinbase comes as context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 03, 2026 08:02 WIB: out of 50 major cryptocurrencies, 21 rose and 28 fell today. Notable movers include ALGO at Rp2.290 with a 1-day change of +4.00% and a typical hold time of 129 days, ONE at Rp38 with a 1-day change of -3.37%, and SUSHI at Rp4.536 with a 1-day change of -3.32% and 100% buy order activity.
The US SEC approved six 3x leveraged exchange-traded products (ETPs) tied to Bitcoin, Ether, gold, silver, crude oil, and natural gas on October 2, 2026. These ETPs aim to deliver three times the daily performance of their underlying assets using fut...
Centrifuge has introduced three new tokenized funds on the Arc platform, focusing on U.S. Treasuries and credit assets. This move aims to bridge on-chain capital with traditional short-duration fixed-income investments favored by institutional invest...
Pump.fun (PUMP) token experienced a 4.89% price increase within one hour on October 2, reaching $0.005659. However, over the previous 24 hours, the token's price declined by 3.12%. During the hour of the price rise, $10,000 worth of short positions w...
The SUI cryptocurrency surged 6.05% within four hours to $1.20, driven by $190,000 in short position liquidations. Over 24 hours, SUI's price increased 2.29%, reflecting strong buying pressure. Liquidations mainly affected short traders, indicating a...
A director at Joby Aviation sold 62,500 shares worth $380,625 while keeping a large stake. Joby is advancing its electric vertical take-off and landing (eVTOL) aircraft, aiming for passenger flights in Dubai by late 2026 pending FAA approval. Despite...
