• bitcoinBitcoin (BTC) $ 116,445.00
  • ethereumEthereum (ETH) $ 3,728.14
  • xrpXRP (XRP) $ 3.08
  • tetherTether (USDT) $ 0.999942
  • bnbBNB (BNB) $ 779.87
  • solanaSolana (SOL) $ 174.21
  • usd-coinUSDC (USDC) $ 0.999812
  • staked-etherLido Staked Ether (STETH) $ 3,723.53
  • dogecoinDogecoin (DOGE) $ 0.214667
  • tronTRON (TRX) $ 0.326755
  • cardanoCardano (ADA) $ 0.751419
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 116,269.00
  • wrapped-stethWrapped stETH (WSTETH) $ 4,492.47
  • hyperliquidHyperliquid (HYPE) $ 42.00
  • suiSui (SUI) $ 3.74
  • stellarStellar (XLM) $ 0.404799
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,998.63
  • chainlinkChainlink (LINK) $ 17.27
  • bitcoin-cashBitcoin Cash (BCH) $ 563.48
  • hedera-hashgraphHedera (HBAR) $ 0.253643
  • wrapped-eethWrapped eETH (WEETH) $ 3,981.96
  • avalanche-2Avalanche (AVAX) $ 22.96
  • wethWETH (WETH) $ 3,721.40
  • leo-tokenLEO Token (LEO) $ 8.94
  • litecoinLitecoin (LTC) $ 108.09
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • the-open-networkToncoin (TON) $ 3.33
  • usdsUSDS (USDS) $ 0.999751
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 43.64
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 116,349.00
  • uniswapUniswap (UNI) $ 9.83
  • polkadotPolkadot (DOT) $ 3.74
  • moneroMonero (XMR) $ 306.33
  • bitget-tokenBitget Token (BGB) $ 4.48
  • pepePepe (PEPE) $ 0.000011
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • crypto-com-chainCronos (CRO) $ 0.138931
  • aaveAave (AAVE) $ 270.26
  • daiDai (DAI) $ 1.00
  • ethenaEthena (ENA) $ 0.582314
  • bittensorBittensor (TAO) $ 368.67
  • pi-networkPi Network (PI) $ 0.414088
  • ethereum-classicEthereum Classic (ETC) $ 21.03
  • nearNEAR Protocol (NEAR) $ 2.59
  • aptosAptos (APT) $ 4.40
  • ondo-financeOndo (ONDO) $ 0.934736
  • okbOKB (OKB) $ 47.63
  • internet-computerInternet Computer (ICP) $ 5.34
  • jito-staked-solJito Staked SOL (JITOSOL) $ 211.84
  • mantleMantle (MNT) $ 0.752508
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • kaspaKaspa (KAS) $ 0.091315
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,727.94
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.035066
  • usd1-wlfiUSD1 (USD1) $ 0.999240
  • algorandAlgorand (ALGO) $ 0.249707
  • bonkBonk (BONK) $ 0.000028
  • arbitrumArbitrum (ARB) $ 0.406314
  • gatechain-tokenGate (GT) $ 17.34
  • vechainVeChain (VET) $ 0.024112
  • cosmosCosmos Hub (ATOM) $ 4.36
  • fasttokenFasttoken (FTN) $ 4.57
  • render-tokenRender (RENDER) $ 3.77
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.213620
  • worldcoin-wldWorldcoin (WLD) $ 1.04
  • susdssUSDS (SUSDS) $ 1.06
  • official-trumpOfficial Trump (TRUMP) $ 9.14
  • binance-staked-solBinance Staked SOL (BNSOL) $ 185.39
  • skySky (SKY) $ 0.084713
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.680337
  • sei-networkSei (SEI) $ 0.304977
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,233.14
  • story-2Story (IP) $ 5.85
  • spx6900SPX6900 (SPX) $ 1.85
  • flare-networksFlare (FLR) $ 0.024000
  • filecoinFilecoin (FIL) $ 2.45
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,907.04
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 116,348.00
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.98
  • xdce-crowd-saleXDC Network (XDC) $ 0.095953
  • jupiter-exchange-solanaJupiter (JUP) $ 0.509184
  • usdtbUSDtb (USDTB) $ 0.999886
  • kucoin-sharesKuCoin (KCS) $ 11.23
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,918.61
  • curve-dao-tokenCurve DAO (CRV) $ 1.01
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,000.08
  • usdt0USDT0 (USDT0) $ 0.999407
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,022.70
  • injective-protocolInjective (INJ) $ 13.61
  • blockstackStacks (STX) $ 0.743592
  • nexoNEXO (NEXO) $ 1.32
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997842
  • celestiaCelestia (TIA) $ 1.74
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,920.68
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999754
  • optimismOptimism (OP) $ 0.690886
  • falcon-financeFalcon USD (USDF) $ 0.999351
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 116,223.00
  • flokiFLOKI (FLOKI) $ 0.000111
  • fartcoinFartcoin (FARTCOIN) $ 1.06
  • conflux-tokenConflux (CFX) $ 0.204878
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 195.89
  • wbnbWrapped BNB (WBNB) $ 779.32
  • immutable-xImmutable (IMX) $ 0.540542
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • the-graphThe Graph (GRT) $ 0.098245
  • sonic-3Sonic (S) $ 0.297570
  • dogwifcoindogwifhat (WIF) $ 0.953048
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.73
  • pump-funPump.fun (PUMP) $ 0.002695
  • clbtcclBTC (CLBTC) $ 120,697.00
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • saros-financeSaros (SAROS) $ 0.353364
  • pax-goldPAX Gold (PAXG) $ 3,285.63
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 116,302.00
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.67
  • kaiaKaia (KAIA) $ 0.155291
  • lido-daoLido DAO (LDO) $ 1.01
  • msolMarinade Staked SOL (MSOL) $ 228.33
  • paypal-usdPayPal USD (PYUSD) $ 0.999600
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.31
  • tezosTezos (XTZ) $ 0.815119
  • vaultaVaulta (A) $ 0.527982
  • theta-tokenTheta Network (THETA) $ 0.816272
  • tether-goldTether Gold (XAUT) $ 3,277.89
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,984.83
  • super-oethSuper OETH (SUPEROETH) $ 3,722.08
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,996.17
  • iotaIOTA (IOTA) $ 0.196018
  • raydiumRaydium (RAY) $ 2.87
  • jasmycoinJasmyCoin (JASMY) $ 0.015316
  • galaGALA (GALA) $ 0.016013
  • pendlePendle (PENDLE) $ 4.25
  • ousgOUSG (OUSG) $ 111.98
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • the-sandboxThe Sandbox (SAND) $ 0.281817
  • bittorrentBitTorrent (BTT) $ 0.00000070
  • aerodrome-financeAerodrome Finance (AERO) $ 0.794066
  • pyth-networkPyth Network (PYTH) $ 0.118872
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998724
  • tbtctBTC (TBTC) $ 116,146.00
  • jito-governance-tokenJito (JTO) $ 1.80
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,726.03
  • zcashZcash (ZEC) $ 37.99
  • flowFlow (FLOW) $ 0.382511
  • newton-projectAB (AB) $ 0.008431
  • heliumHelium (HNT) $ 3.15
  • usual-usdUsual USD (USD0) $ 0.997690
  • stader-ethxStader ETHx (ETHX) $ 3,961.72
  • ripple-usdRipple USD (RLUSD) $ 1.00
  • walrus-2Walrus (WAL) $ 0.416726
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 115,714.00
  • usddUSDD (USDD) $ 0.999599
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 116,319.00
  • morphoMorpho (MORPHO) $ 1.75
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,691.16
  • decentralandDecentraland (MANA) $ 0.289647
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.214777
  • beldexBeldex (BDX) $ 0.076535
  • bitcoin-svBitcoin SV (BSV) $ 27.27
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,105.54
  • memecoreMemeCore (M) $ 0.326088
  • chain-2Onyxcoin (XCN) $ 0.015297
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,724.17
  • syrupMaple Finance (SYRUP) $ 0.441659
  • mog-coinMog Coin (MOG) $ 0.000001
  • based-brettBrett (BRETT) $ 0.053233
  • coredaoorgCore (CORE) $ 0.521358
  • build-onBUILDon (B) $ 0.505435
  • swethSwell Ethereum (SWETH) $ 4,080.76
  • true-usdTrueUSD (TUSD) $ 0.996472
  • apenftAPENFT (NFT) $ 0.00000049
  • thorchainTHORChain (RUNE) $ 1.36
  • ether-fiEther.fi (ETHFI) $ 1.13
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008016
  • apecoinApeCoin (APE) $ 0.586928
  • arweaveArweave (AR) $ 7.16
  • telcoinTelcoin (TEL) $ 0.005020
  • zebec-networkZebec Network (ZBCN) $ 0.005313
  • savings-daiSavings Dai (SDAI) $ 1.16
  • frax-etherFrax Ether (FRXETH) $ 3,680.19
  • neoNEO (NEO) $ 6.20
  • starknetStarknet (STRK) $ 0.121551
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,722.02
  • dydx-chaindYdX (DYDX) $ 0.575173
  • compound-governance-tokenCompound (COMP) $ 46.06
  • aioz-networkAIOZ Network (AIOZ) $ 0.361224
  • wemix-tokenWEMIX (WEMIX) $ 0.941054
  • rekt-4Rekt (REKT) $ 0.000001
  • ecasheCash (XEC) $ 0.000021
  • keetaKeeta (KTA) $ 1.04
  • elrond-erd-2MultiversX (EGLD) $ 14.72
  • dexeDeXe (DEXE) $ 7.34
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999812
  • kavaKava (KAVA) $ 0.382853
  • hashnote-usycCircle USYC (USYC) $ 1.10
  • tripTrip (TRIP) $ 13.83
  • sun-tokenSun Token (SUN) $ 0.021433

Massive $66 Million Ethereum Dump in 24 Hours, What Happened?

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Massive $66 Million Ethereum Dump in 24 Hours, What Happened?

The struggles for Ethereum (ETH) have continued as more obstacles have started to emerge. Moreover, we have seen a pattern of notable selling from whales. This trend seems to continue with each passing day, putting more hurdles on the road for a potential Ethereum price rally. The selling pressure is increasing, and the price is continuing its sideways movement.

Earlier today, two major ETH transfers were detected by Whale Alert, a major crypto tracking service. These transactions have caused worry among investors and the broader crypto community. In the first transfer, the whale sent 13,883 ETH from their private wallet to leading U.S. crypto exchange Coinbase.

Based on the ETH price at the time, this transfer is valued around $32.6 million. While Ethereum was still grappling from this major sale, another whale seemingly followed the first sale. In the second transfer, a whale transferred 14,008 ETH from their private wallet to the same exchange, Coinbase.

This transaction is estimated to be worth around $33.39 million. Collectively, the two whales have transferred a whopping 27,891 ETH coins to Coinbase, and the total worth of these coins is around $66 million. These are huge numbers, and these sales have put more pressure on the Ethereum price, which was already struggling.

Ethereum price consolidation continues

As of writing this story, ETH is trading at $2,381. Although it has jumped 1.36% in the last 24 hours, it is still trading on the lows compared to the previous levels. The ETH price is down 10.43% in the last seven days, which shows the worrisome situation on the market. Investors have been apprehensive because of this trading pattern.

Consequently, the trading volume of Ethereum is down 24.93% during the same time period. It is currently standing at the $15 billion level. This lack of trading activity and a massive drop in volume clearly indicate that investor sentiment is bearish. The selling activity from whales also reflects this worrisome situation.

Source

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