PEPE

Millions

Dollars

Ethereum

The cryptocurrency market faced intense selling pressure following the Binance hack, which resulted in losses of approximately $6.3 billion, with major cryptocurrencies, particularly Bitcoin and Ethereum, losing value. Bitcoin fell by over 3%, dropping to around $76,000, while Ethereum also fell below $2,200.
While market activity continued after these declines, transfers made by whale wallets also attracted attention.
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According to Lookonchain, a cryptocurrency analytics platform, a whale with the address “0x15a4” made a profit of over $20 million by closing long positions of 1,000 BTC (worth approximately $78.18 million) and 10,000 ETH (worth approximately $22.35 million) that it had held for four months.
After taking profits, the whale went into a short position, opening a 13,000 ETH (worth approximately $29 million) short position with 20x leverage.
According to Lookonchain, despite the market downturn, whales are still buying BTC. In the last 24 hours, 9 newly created wallets purchased 1,900 BTC (worth $148 million) from Galaxy Digital.
According to Lookonchain, legendary investor dimethyltryptamine.eth, who once bought 5.9 trillion PEPE tokens by spending only 0.125 ETH (approximately $251) and had an unrealized profit of around $100 million, purchased an additional 45.08 billion PEPE tokens worth approximately $206,500 after the Binance hacker sold all of his PEPE assets.
The large whale “58bro.eth (0x58bro)” sold 8,000 ETH following the Binance hack news. After recovering over $17.96 million worth of ETH from Aave, he transferred his funds in installments to OKX and has since withdrawn $10.5 million USDT from the exchange to pay off his loans. Currently, the address still holds 4,911.05 WETH as collateral on Aave, with a debt of $2.51 million USDT.
Finally, according to TradingBeats data, BNB, after falling as low as $670.1 in Hyperliquid in the morning, recovered by 6.8% to rise to $715.8. However, its loss over the last 24 hours is still at 5.2%. At this point, during the market downturn, many large investors intensified their BNB positions.
While the long position is prominent among large investors, seven major accounts hold a total of $12.07 million in long positions, compared to $3.24 million in short positions held by three accounts. Additionally, some large investors appear to have closed their short positions and moved into long positions.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-and-ethereum-declined-whales-moved-they-made-millions-of-dollars-worth-of-moves-during-the-d/" rel="noopener noreferrer nofollow">Bitcoin and Ethereum Declined, Whales Moved! They Made Millions of Dollars Worth of Moves During the Decline: Here Are Their Preferred Altcoins!</a>

Bitcoin and Ethereum Declined, Whales Moved! They Made Millions of Dollars Worth of Moves During the Decline: Here Are Their Preferred Altco...

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Other articles published on Oct 30, 2026

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