Ethereum

Compound

Maker

Bitcoin

<div class="finbold">
 <p class="paragraph">A massive Ethereum (ETH) <a rel="noopener noreferrer nofollow" title="whale" href="https://thebittimes.com/tag/whale.html">whale</a> has withdrawn 71,332 ETH worth $182 million since February 1. The accumulation happened amid a bull rally in the cryptocurrency market, with ETH up nearly 25% since the first purchase.</p>
 <p class="paragraph">On February 15, the massive Ethereum whale withdrew 1,831 ETH from Binance and Bybit, worth $5.07 million. Finbold retrieved this data from the <em>SpotOnChain Platform</em> less than three hours after the withdrawals, which lasted 20 minutes.</p>
 <p class="paragraph">In total, the whale has withdrawn 71,332 ETH from Binance, Bybit, Bitfinex, and OKX in February alone. In particular, onchain data shows an average price of $2,557 per ETH, costing $182 million.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="956" height="584" src="https://cdn.thebittimes.com/images/2024/02/15/39a475d176928a7af080f7d5ee07d0aa.webp" alt class="wp-image-155151" srcset="https://cdn.thebittimes.com/images/2024/02/15/39a475d176928a7af080f7d5ee07d0aa.webp 956w, https://cdn.thebittimes.com/images/2024/02/15/39a475d176928a7af080f7d5ee07d0aa.webp 300w, https://cdn.thebittimes.com/images/2024/02/15/39a475d176928a7af080f7d5ee07d0aa.webp 768w" sizes="(max-width: 956px) 100vw, 956px">
  <figcaption class="wp-element-caption">
   Massive Ethereum whale PnL overview. Source: <em>SpotOnChain</em>
  </figcaption>
 </figure>
 <p class="paragraph">Moreover, <em>SpotOnChain</em> identifies an ownership of 76,369 ETH, which is currently worth nearly $214 million. This amount is distributed among three lending platforms for yield generation and liquidity mining: Spark, Maker (MKR), and Compound (COMP).</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picked for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bullish? Bitcoin on exchanges drops to lowest in 6 years <span class="self-center text-xs text-slate-500">5 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Bitcoin daily chart signals massive BTC sell-off alert <span class="self-center text-xs text-slate-500">60 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    R. Kiyosaki predicts ‘gold is going to crash below $1,200’ <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    XRP attracts over $1 billion in bullish daily sprint <span class="self-center text-xs text-slate-500">2 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <h2 class="wp-block-heading" id="h-ethereum-eth-price-<a rel=" dofollow title="Category Analysis" href="https://thebittimes.com/analysis.html" rel="noopener noreferrer nofollow">Analysis-amid-massive-<a rel="noopener noreferrer nofollow" title="whale" href="https://thebittimes.com/tag/whale.html">whale</a>-accumulation"&gt;Ethereum (ETH) price <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> amid massive <a rel="noopener noreferrer nofollow" title="whale" href="https://thebittimes.com/tag/whale.html">whale</a> accumulation</h2>
 <p class="paragraph">In the meantime, Ethereum is trading slightly above $2,800 by press time, up 22.63% since February 1. ETH/USD’s daily chart shows a strong momentum with 11 ‘green’ candles out of 14 trading days.</p>
 <p class="paragraph">Notably, the Relative Strength Index (RSI) just reached an ‘overbought’ level of 77.64. This is bullish as long as no trend-reversal signals exist for the second-largest cryptocurrency by market cap.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="661" src="https://cdn.thebittimes.com/images/2024/02/15/7d50da1fc5865f6c967aadcdeec6d199.webp" alt class="wp-image-155152" srcset="https://cdn.thebittimes.com/images/2024/02/15/7d50da1fc5865f6c967aadcdeec6d199.webp 1024w, https://cdn.thebittimes.com/images/2024/02/15/7d50da1fc5865f6c967aadcdeec6d199.webp 300w, https://cdn.thebittimes.com/images/2024/02/15/7d50da1fc5865f6c967aadcdeec6d199.webp 768w, https://cdn.thebittimes.com/images/2024/02/15/7d50da1fc5865f6c967aadcdeec6d199.webp 1536w, https://cdn.thebittimes.com/images/2024/02/15/7d50da1fc5865f6c967aadcdeec6d199.webp 1876w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   ETH/USD daily chart. Source: <em>TradingView</em> (Finbold)
  </figcaption>
 </figure>
 <p class="paragraph">In summary, ETH now has $335.56 billion in market capital. The massive Ethereum <a rel="noopener noreferrer nofollow" title="whale" href="https://thebittimes.com/tag/whale.html">whale</a>’s recent activity indicates an optimistic forecast for the leading Web3 blockchain and no intention of selling.</p>
 <p class="paragraph">Additionally, Ethereum is also known for igniting pumps on altcoins and starting Altseasons. However, investors must remain aware of possible volatility and the market’s natural uncertainties. Cryptocurrencies rely on demand for positive price performance, which massive <a rel="noopener noreferrer nofollow" title="whale" href="https://thebittimes.com/tag/whale.html">whale</a> movements sometimes act as an indicator of.</p>
 <p class="paragraph"><strong><em>Disclaimer</em></strong><em>: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/massive-ethereum-whale-stacks-nearly-200m-in-february-tbt79915.html">https://thebittimes.com/massive-ethereum-whale-stacks-nearly-200m-in-february-tbt79915.html</a></p>

Massive Ethereum whale stacks nearly $200M in February

Mục lục

TheBitTimes

Các bài viết khác được xuất bản trên 15 thg 2, 2024

CKB surges 64% in 24 hours, traders bet on price drop

Solana’s memecoin Bonk sees 13% surge ahead of potential Revolut listing

Will Bitcoin’s halving push BTC’s market cap higher than $1 trillion?

Grayscale Taps Altcoin Fund Offerings Amid Bitcoin ETF Outflows

Orbs and SYMMIO Collaborate to Boost Onchain Derivatives Trading

Bitcoin Surges Past $52,000 as Market Anticipates Halving Rally

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!