• bitcoinBitcoin (BTC) $ 105,053.00
  • ethereumEthereum (ETH) $ 2,535.08
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.17
  • bnbBNB (BNB) $ 648.48
  • solanaSolana (SOL) $ 145.60
  • usd-coinUSDC (USDC) $ 0.999715
  • dogecoinDogecoin (DOGE) $ 0.178188
  • tronTRON (TRX) $ 0.269591
  • staked-etherLido Staked Ether (STETH) $ 2,534.41
  • cardanoCardano (ADA) $ 0.634305
  • hyperliquidHyperliquid (HYPE) $ 41.51
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,856.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,051.30
  • suiSui (SUI) $ 2.99
  • bitcoin-cashBitcoin Cash (BCH) $ 435.22
  • chainlinkChainlink (LINK) $ 13.14
  • leo-tokenLEO Token (LEO) $ 9.06
  • stellarStellar (XLM) $ 0.259127
  • avalanche-2Avalanche (AVAX) $ 19.11
  • the-open-networkToncoin (TON) $ 2.95
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • usdsUSDS (USDS) $ 0.999673
  • hedera-hashgraphHedera (HBAR) $ 0.158394
  • wethWETH (WETH) $ 2,535.62
  • wrapped-eethWrapped eETH (WEETH) $ 2,711.64
  • litecoinLitecoin (LTC) $ 86.10
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • moneroMonero (XMR) $ 312.58
  • polkadotPolkadot (DOT) $ 3.79
  • whitebitWhiteBIT Coin (WBT) $ 39.08
  • bitget-tokenBitget Token (BGB) $ 4.55
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,084.00
  • pepePepe (PEPE) $ 0.000011
  • pi-networkPi Network (PI) $ 0.613321
  • uniswapUniswap (UNI) $ 7.31
  • aaveAave (AAVE) $ 275.65
  • daiDai (DAI) $ 1.00
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 370.12
  • okbOKB (OKB) $ 51.68
  • internet-computerInternet Computer (ICP) $ 5.61
  • aptosAptos (APT) $ 4.52
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.091716
  • nearNEAR Protocol (NEAR) $ 2.23
  • ethereum-classicEthereum Classic (ETC) $ 16.76
  • ondo-financeOndo (ONDO) $ 0.793109
  • jito-staked-solJito Staked SOL (JITOSOL) $ 176.12
  • susdssUSDS (SUSDS) $ 1.06
  • tokenize-xchangeTokenize Xchange (TKX) $ 29.33
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • mantleMantle (MNT) $ 0.639501
  • official-trumpOfficial Trump (TRUMP) $ 10.53
  • gatechain-tokenGate (GT) $ 17.04
  • kaspaKaspa (KAS) $ 0.075456
  • fasttokenFasttoken (FTN) $ 4.45
  • vechainVeChain (VET) $ 0.022177
  • cosmosCosmos Hub (ATOM) $ 4.13
  • skySky (SKY) $ 0.087901
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 104,660.00
  • ethenaEthena (ENA) $ 0.296457
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.200999
  • render-tokenRender (RENDER) $ 3.43
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.676197
  • arbitrumArbitrum (ARB) $ 0.339336
  • filecoinFilecoin (FIL) $ 2.43
  • worldcoin-wldWorldcoin (WLD) $ 0.989123
  • algorandAlgorand (ALGO) $ 0.179503
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,535.82
  • usdt0USDT0 (USDT0) $ 1.00
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998125
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.37
  • usdtbUSDtb (USDTB) $ 1.00
  • kucoin-sharesKuCoin (KCS) $ 11.19
  • spx6900SPX6900 (SPX) $ 1.43
  • binance-staked-solBinance Staked SOL (BNSOL) $ 153.91
  • flare-networksFlare (FLR) $ 0.018730
  • celestiaCelestia (TIA) $ 1.84
  • jupiter-exchange-solanaJupiter (JUP) $ 0.413658
  • nexoNEXO (NEXO) $ 1.22
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.85
  • fartcoinFartcoin (FARTCOIN) $ 1.21
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,885.17
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,653.52
  • bonkBonk (BONK) $ 0.000015
  • injective-protocolInjective (INJ) $ 11.70
  • sonic-3Sonic (S) $ 0.348036
  • story-2Story (IP) $ 3.66
  • optimismOptimism (OP) $ 0.601136
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999603
  • blockstackStacks (STX) $ 0.637607
  • xdce-crowd-saleXDC Network (XDC) $ 0.060027
  • paypal-usdPayPal USD (PYUSD) $ 0.999885
  • sei-networkSei (SEI) $ 0.177346
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,707.66
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,656.85
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 104,832.00
  • kaiaKaia (KAIA) $ 0.150271
  • immutable-xImmutable (IMX) $ 0.463915
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 104,835.00
  • wbnbWrapped BNB (WBNB) $ 648.37
  • dogwifcoindogwifhat (WIF) $ 0.857517
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,658.53
  • tether-goldTether Gold (XAUT) $ 3,438.13
  • the-graphThe Graph (GRT) $ 0.088213
  • vaultaVaulta (A) $ 0.533857
  • pax-goldPAX Gold (PAXG) $ 3,459.04
  • clbtcclBTC (CLBTC) $ 107,123.00
  • curve-dao-tokenCurve DAO (CRV) $ 0.601293
  • newton-projectAB (AB) $ 0.012539
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.44
  • flokiFLOKI (FLOKI) $ 0.000079
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 162.56
  • lido-daoLido DAO (LDO) $ 0.809696
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,739.29
  • zcashZcash (ZEC) $ 44.35
  • msolMarinade Staked SOL (MSOL) $ 189.46
  • ousgOUSG (OUSG) $ 111.43
  • theta-tokenTheta Network (THETA) $ 0.708135
  • galaGALA (GALA) $ 0.015172
  • ethereum-name-serviceEthereum Name Service (ENS) $ 20.35
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999677
  • jito-governance-tokenJito (JTO) $ 1.98
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • bittorrentBitTorrent (BTT) $ 0.00000067
  • iotaIOTA (IOTA) $ 0.170975
  • the-sandboxThe Sandbox (SAND) $ 0.266344
  • jasmycoinJasmyCoin (JASMY) $ 0.013172
  • walrus-2Walrus (WAL) $ 0.466609
  • bitcoin-svBitcoin SV (BSV) $ 31.45
  • wrapped-hypeWrapped HYPE (WHYPE) $ 41.50
  • usual-usdUsual USD (USD0) $ 0.997628
  • pyth-networkPyth Network (PYTH) $ 0.106782
  • pendlePendle (PENDLE) $ 3.76
  • aerodrome-financeAerodrome Finance (AERO) $ 0.728982
  • polyhedra-networkPolyhedra Network (ZKJ) $ 1.96
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009629
  • raydiumRaydium (RAY) $ 2.08
  • tezosTezos (XTZ) $ 0.568819
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 104,439.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • coredaoorgCore (CORE) $ 0.582341
  • falcon-financeFalcon USD (USDF) $ 0.998817
  • flowFlow (FLOW) $ 0.353701
  • super-oethSuper OETH (SUPEROETH) $ 2,529.33
  • saros-financeSaros (SAROS) $ 0.213590
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,534.46
  • apecoinApeCoin (APE) $ 0.691361
  • tbtctBTC (TBTC) $ 104,673.00
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,680.81
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,706.02
  • thorchainTHORChain (RUNE) $ 1.49
  • syrupMaple Finance (SYRUP) $ 0.485960
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,535.68
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 105,094.00
  • dexeDeXe (DEXE) $ 8.89
  • decentralandDecentraland (MANA) $ 0.265937
  • true-usdTrueUSD (TUSD) $ 0.997179
  • compound-governance-tokenCompound (COMP) $ 52.97
  • staked-hypeStaked HYPE (STHYPE) $ 41.46
  • grassGrass (GRASS) $ 1.64
  • heliumHelium (HNT) $ 2.50
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.178126
  • kavaKava (KAVA) $ 0.419440
  • chain-2Onyxcoin (XCN) $ 0.013362
  • based-brettBrett (BRETT) $ 0.044796
  • morphoMorpho (MORPHO) $ 1.42
  • usddUSDD (USDD) $ 1.00
  • eosEOS (EOS) $ 0.596687
  • beldexBeldex (BDX) $ 0.060685
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999715
  • axelarAxelar (AXL) $ 0.429048
  • ecasheCash (XEC) $ 0.000021
  • keetaKeeta (KTA) $ 1.03
  • dydx-chaindYdX (DYDX) $ 0.522104
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.32
  • aioz-networkAIOZ Network (AIOZ) $ 0.346151
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • apenftAPENFT (NFT) $ 0.00000041
  • ripple-usdRipple USD (RLUSD) $ 0.999891
  • ketKet (KET) $ 0.405173
  • aethirAethir (ATH) $ 0.040715
  • starknetStarknet (STRK) $ 0.120046
  • arweaveArweave (AR) $ 6.12
  • usdbUSDB (USDB) $ 0.981849
  • elrond-erd-2MultiversX (EGLD) $ 14.02
  • neoNEO (NEO) $ 5.63
  • eigenlayerEigenlayer (EIGEN) $ 1.27
  • stader-ethxStader ETHx (ETHX) $ 2,693.66
  • movementMovement (MOVE) $ 0.148086
  • axie-infinityAxie Infinity (AXS) $ 2.35
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,534.06
  • conflux-tokenConflux (CFX) $ 0.074806
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.003732
  • telcoinTelcoin (TEL) $ 0.004017
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006317

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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