Whale Big Move: Analysis of Large-Scale Transactions During Today's Market Fluctuations

Source: CryptoNewsNet Original Title: Big Cryptocurrency Whales Did This During Today’s Major Volatility Original Link:

The Impact of Whale Activity in the Cryptocurrency Market

In the past 24 hours, whale activity in the cryptocurrency market has increased significantly. High-volume transactions from large wallets have impacted liquidity and investor sentiment, with notable transfers recorded in ETH, SOL, and BTC.

Ethereum Side

An anonymous whale staked all 25,000 ETH, opening a position worth approximately $79.48 million. This investor withdrew the same assets from a compliant platform a month ago at a price of $84.81 million.

Solana Network Activity

Significant activity also appeared on the Solana network. A whale withdrew about 101,365 SOL (approximately $13.89 million) from a compliant platform 10 hours ago. On-chain data shows this investor holds a total of 628,564 SOL (about $84.13 million), with 519,217 SOL in wallets and 109,348 SOL staked.

Bitcoin Side

Whale activity in Bitcoin is even more noteworthy. An address starting with bc1qsz deposited 2,000 BTC (approximately $180.33 million) into a major exchange. This whale previously purchased a total of 5,000 BTC (approximately $463.55 million) from Matrixport during December 4-5, at an average execution price of $92,710.

Trader Profit and Loss

While some major investors are taking profit, others are more pessimistic. Trader 0xa43d lost $3.24 million due to opening long positions at ETH price peaks. After opening longs at the peak, he closed part of his position 3 hours ago, losing $583,500. This trader still holds a long position of 11,793 ETH (worth $37.6 million), with unrealized losses of $2.66 million.

Meanwhile, another whale sold 1,466 BTC (worth $132 million) over the past 16 days in exchange for 43,649 ETH (worth $139 million).