Whales Crypto 🐋

🚨🙊🤩 A WHALE JUST BOUGHT 13,322 #ETH WORTH $61.65 MILLION. Whales Crypto🐋🔷

🔥🤩🤞 #ETH spot volume is down over the past week, while altcoin volume is up. Whales Crypto🐋🔷

🔥🤩🤞 #XRP-to-#ETH swaps have reached a new milestone, surpassing a market cap of $60 million for the first time. Whales Crypto🐋🔷

🚨🙊🤩 #ETH Overtakes #BTC in Global Perps Volume! Ethereum takes the lead with $90.82B in perpetual futures volume, edging out Bitcoin’s $82.93B. Whales Crypto🐋🔷 ETH is steering the market!

🚀🚘🔶️ 🚨 The U.S. government has deposited $218,000 worth of #ETH to Coinbase. Whales Crypto🐋🔷

🚀🚘🔶️ A whale awoke after 1.2 years and staked 7,182 #ETH worth $18.08M. Initially, these ETH were withdrawn from Binance for $22.96M, currently facing a loss of $4.87M Whales Crypto🐋🔷

🇦🇽🇧🇫🇨🇦🪙 #ETH whales are stacking up! Whale 1: Pulled 46,577 $ETH ($97.14M) from Gate in 2 months, sitting on a $23.43M unrealized loss. Whale 2: Grabbed 10,091 $ETH ($18.78M) from Bybit in the last month, with a $2.81M unrealized loss. Whales Crypto🐋🔷

🧠 🐋 Whale Activity Update: • Abraxas Capital-linked wallet withdrew 505 #BTC ($42.64M) from Binance, totaling 2,949 BTC ($250M) in 4 days. • #MELANIA project team sold 2.95M tokens for 9,009 #SOL ($1.2M), with 23.45M sold over the past month, accumulating 110,000 SOL ($14.75M). • Galaxy Digital pulled 606k SOL ($79.7M) from exchanges, staking 462k SOL ($60M) in 4 days. • Inactive whale moved 7,488 ETH ($11.92M) to FalconX after 1.8 years, retaining 10,322 #ETH ($16.48M). Whales Crypto🐋🔷

#BTC - back above $41,000📈 Bouncing off the support at $38,500, highlighted in the previous analysis, #BTC has started a recovery, breaking through the $41,000 mark with a strong impulse. 🙅‍♂️ However, the market news does not favor growth. The SEC has delayed the decision on an #ETH ETF. The U.S. plans to sell over $100 million in confiscated Bitcoin. Grayscale continues to sell #BTC, liquidating over $4.4 billion in the last 10 days alone. Certainly, not all news in the market is negative. While Grayscale is selling, BlackRock and Fidelity are accumulating. In less than 10 days, the companies acquired 45.6k #BTCand 45.3k #BTC, respectively (~$3.6 billion total). Still, these volumes do not compensate for the strong selling pressure. 📊 On the 4-hour chart, we see that #BTC has not yet returned to the local upward trend. As long as the buyers cannot establish itself above it, the priority remains a continuation of the correction with an attempt by sellers to push below $38,500.

🔵#ETH - trading above the ascending wedge ⬆️ Despite the correction, the #ETH chart shows numerous bullish signals: long shadows, ascending structure, holding above the trendline, a false breakdown of support - another trap from the market maker. Considering these factors and technical indicators dipping below neutral, the market is seems like to be gearing up for further growth. Ascending wedge breakout is also a bullish sign for #ETH. However, given the broader correction, I'd wait for a confident retest of its upper limit before opening positions. If sellers fail to push the price back into the wedge, I'll consider a mid-term long position. 📊 The nearest resistance level for #ETH and our first TP would be around $2760, the highest point since May 2022.