ETHEREUM (ETH) face a whale war, after one seller was suspended approximately $ 400 million on BitFinex. At the same time, buyers decreased as the price decreased less than $ 2,200.
ETHEREUM (ETH) is one of the largest losers early on Monday, after he was recently dipped in less than $ 2,500. The second largest encryption, which was considered an indication of the final Altcoin market, lost its usual scope, close to the brand of $ 3,300 and decreased to 2400 dollars on the concerted sale.
The increase in the sale of whale and purchase, as ETH was traded at $ 2,603.72, with a short -term recovery attempt from its lowest levels.
In addition to the liquidation, the ETH was pressed through sales from asleep wallets, who threw nearly $ 400 million in the market. The first wallet was sent 149 million dollarsWhile the second sent 201 million dollars To bitfinex. The governor has been asleep since 2019 when a headline withdrew 77,736 eth From BitFinex again in 2019.
The pressure from the sale of whales is more than four weeks after the sliding ETHEREUM market prices. The twice the price of ETH also follows the recent attempts to revive the ETHEREUM Foundation and repair its reputation in Simply delivering ETH reserves on the market. ETH also decreased to a four -year lowest level against Bitcoin (BTC), Collapse Under 0.029 BTC. The ongoing chip against BTC is still inverse, despite the late lounge expectations.
Whales enter the eth
It is worth noting that whale activity was not only on the side of the sale, which would have indicated the loss of confidence in the ETH. High -level wallets were also purchased near their lowest levels, and began to recover initial prices.
The whale, or a group of whales known as seven siblings 5382 east, bought near the lowest market levels. In total, the whale governor has accumulated 50,429 ETH in the past 24 hours, partially compensated for the sale of the last whale. The last hopes for purchase, as the encryption market ended in February with net gains.
The whale group moved while Ethereum was hovering at $ 2,480 to make the first large purchase of more than 45000 ETH.
After the market drop, the whale "7 siblings" It spent 111.72 million dollars to buy 45,047 $ ETH At average price of $ 2,480! pic.twitter.com/xkoavsb2jp
– Lookonchain (@swearonchain) February 3, 2025
Since Eth is still hovering near its lowest levels, one investment has moved to the market, and an additional purchase 7,289 ETH And more than 52 wBTC. 1inch governor is also known as smart merchants, who have gained gains in ETH price fluctuations. The 1inch investment portfolio has been bought 24 hours during the last decline.
Currently, it is not known whether the activities of the “7 siblings” whale can affect the market and excite the recovery gathering. ETH has lost its appeal after long -term expectations that it would decrease less than $ 3,000. The current price decreased to $ 2,500 began to influence even some of the elderly, who closed their coins in this price range.
Ethereum surrender reminds us of the collapse of the market in August 2024
The last ETH market surrenders the August 2024 market to the mind, when the encryption markets slide after the Japanese yen bore the trade. Eth Funding rates Turn into negative, and become an indication of panic in the market. Ethereum also tested the ability to deal with fluctuation, such as Price Carm the variation of quotes and trading. Ethereum dominance decreased to 9.61 %, which extends its weakness against other assets.
The fluctuation of market prices also affected the Defi market, as ETH stability was a guarantee of an increasing range of loans. The DEFI space was wounded in a greater depth as ETH Flash was involved up to $ 2080 in some markets, giving up the previous period of relative stability.
AAVE (AAVE) witnessed the largest encryption lending platform from 2025, $ 200 million in the past 24 hours, which led to the removal of some of its bad loans. AAVE was bigger Liquidation Since August 2024, again the protocol stress test. The largest share of the colapprical guarantees of guaranteed loans with ETH (Weth), which reflects the last market disorder.
The AAVE V3 version on ETHEREUM has also seen the largest number of references, which exceeds its record as of August 2024. At the present time, the references show ETH priority as a DEFI tool on a large scale, especially encryption lending. The largest AAV filter was 13 million dollarsOnce again, secure it.
After the last price slide, the closed total value in Ethereum Defi decreased 54 billion dollarsFrom the last stability level of 63 billion dollars. whale Transactions It also showed some of Weth turning to ETH again, and moving to new portfolios.
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