The Big Ethereum Whale Wakes Up & Moves $6.67M After Nearly 9 Years
Guess what?
Someone who joined #Ethereum at the very start just made a huge move after 8.7 years.
They moved 2,000 $ETH (that's $6.67 million today) out of their wallet. 🤑
📅 Back in Time: On July 30, 2015, they got 2,000 ETH when Ethereum was just beginning. They paid only about $0.31 for each #ETH back then. Imagine that!
🔒 Wallet Address: 0x924eFa6Db595B79313277e88319625076b580a10
This story is a real-life example of how Holding can turn into a big win in the #Crypto world.
$620 Turned into $6,670,000 in 8 Years 8 Months.
https://x.com/CryptoPatel/status/1771776564788601049?s=20
Guess what?
Someone who joined #Ethereum at the very start just made a huge move after 8.7 years.
They moved 2,000 $ETH (that's $6.67 million today) out of their wallet. 🤑
📅 Back in Time: On July 30, 2015, they got 2,000 ETH when Ethereum was just beginning. They paid only about $0.31 for each #ETH back then. Imagine that!
🔒 Wallet Address: 0x924eFa6Db595B79313277e88319625076b580a10
This story is a real-life example of how Holding can turn into a big win in the #Crypto world.
$620 Turned into $6,670,000 in 8 Years 8 Months.
https://x.com/CryptoPatel/status/1771776564788601049?s=20
Liquid restaking protocols now control almost 5% of staked #ETH, most of which was staked in 2024.
Big News from #Bybit 🎉
Bybit, one of the top offshore exchanges, has shared exciting news on April 3rd with their 9th Reserve Certificate.
The numbers are impressive!
🔼 #BTC Growth: Users’ $BTC holdings went up by 16.44% since February 1, adding 6,273 BTC to their accounts.
🔼 #ETH Surge: $ETH assets also increased by 15.95%, bringing in an extra 47,700 ETH.
🔼 #USDT Increase: $USDT saw a growth of 10.62%, meaning there’s 226 million more USDT with users.
Lots of New Money: Over the last month, Bybit saw a net gain of $534 million dollars.
Bybit, one of the top offshore exchanges, has shared exciting news on April 3rd with their 9th Reserve Certificate.
The numbers are impressive!
🔼 #BTC Growth: Users’ $BTC holdings went up by 16.44% since February 1, adding 6,273 BTC to their accounts.
🔼 #ETH Surge: $ETH assets also increased by 15.95%, bringing in an extra 47,700 ETH.
🔼 #USDT Increase: $USDT saw a growth of 10.62%, meaning there’s 226 million more USDT with users.
Lots of New Money: Over the last month, Bybit saw a net gain of $534 million dollars.
Big Money Moves: How $23.65M Changed Hands Before the Market Fell
What’s Happening:
1️⃣ First Step: A big investor moved 6,700 $ETH (that’s $23.65M) into #Binance right before the market prices went down.
2️⃣ Smart Planning: From February 7 to April 1, the same person moved 26,698 #ETH (valued at $94.3M) out of Binance to put it into staking, which is a way to earn more crypto.
3️⃣ Recent Moves: Yesterday, they took out 6,700 ETH again from Binance, probably to do more staking. But, sensing the market might fall, they quickly put the same amount back into Binance.
What This Means: This shows the investor is really good at predicting when crypto prices will change and makes moves accordingly.
Stay with us for more updates on big moves in the crypto world.
Etherescan Track Address: 0xaF3564eED13015E11501af4A249e9794EfB74446
What’s Happening:
1️⃣ First Step: A big investor moved 6,700 $ETH (that’s $23.65M) into #Binance right before the market prices went down.
2️⃣ Smart Planning: From February 7 to April 1, the same person moved 26,698 #ETH (valued at $94.3M) out of Binance to put it into staking, which is a way to earn more crypto.
3️⃣ Recent Moves: Yesterday, they took out 6,700 ETH again from Binance, probably to do more staking. But, sensing the market might fall, they quickly put the same amount back into Binance.
What This Means: This shows the investor is really good at predicting when crypto prices will change and makes moves accordingly.
Stay with us for more updates on big moves in the crypto world.
Etherescan Track Address: 0xaF3564eED13015E11501af4A249e9794EfB74446
ETH/USDT Daily Chart Analysis
Current Pattern: #ETH is forming a bullish flag pattern, indicating a potential continuation of the upward trend.
Resistance: The resistance zone around $3200 is crucial.
Support: Watching the 200-day EMA around $2632.22 for potential support.
🔹 There's been a recent fakeout near the resistance.
🔹 Price is currently consolidating, waiting for a breakout from the bullish flag.
Before Breakout $ETH could test $2500 support level.
Current Pattern: #ETH is forming a bullish flag pattern, indicating a potential continuation of the upward trend.
Resistance: The resistance zone around $3200 is crucial.
Support: Watching the 200-day EMA around $2632.22 for potential support.
🔹 There's been a recent fakeout near the resistance.
🔹 Price is currently consolidating, waiting for a breakout from the bullish flag.
Before Breakout $ETH could test $2500 support level.
#Ethereum Eyes Breakout: Will ETH ETF Decision Propel Prices to $6000?
$ETH is showing bullish signs with a falling wedge/bull flag pattern and a strong bounce off support.
ETH ETF decision on Thursday. Deadlines for 4 ETF issuers are at the end of this month, starting May 23rd.
Potential Targets:
Approval: #ETH could soar to $5000-$6000.
Rejection: ETHUSDT might drop to $2500-$2000.
Conversely, a rejection, especially if based on the classification of tokens as securities, could lead to a downturn in ETH and #DeFi assets.
Strategy: Consider a spot long position, but avoid excessive leverage due to potential volatility.
Stay informed and trade smart.
$ETH is showing bullish signs with a falling wedge/bull flag pattern and a strong bounce off support.
ETH ETF decision on Thursday. Deadlines for 4 ETF issuers are at the end of this month, starting May 23rd.
Potential Targets:
Approval: #ETH could soar to $5000-$6000.
Rejection: ETHUSDT might drop to $2500-$2000.
Conversely, a rejection, especially if based on the classification of tokens as securities, could lead to a downturn in ETH and #DeFi assets.
Strategy: Consider a spot long position, but avoid excessive leverage due to potential volatility.
Stay informed and trade smart.