ETH Whale turns $87K into almost $40M after 8-year Hodl
The Ether whale acquired 16,636 ETH on the ShapeShift crypto exchange at $5.23 per token in 2016, now worth over $40 million in 2024. A recent example from an Ether whale demonstrates that a straightforward buy-and-hold approach can also deliver remarkable results, although complex trading strategies can generate significant profits for investors. Ether was trading […]
Ethereum Whale Moves $24M ETH, What’s Ahead For Price?
An Ethereum whale has sold more than 8,000 ETH, approximately $24 million. This represents a $3 million loss from the initial purchase before the decline. An Ethereum whale sold 8,825 ETH, estimated to be worth $25 million, resulting in a loss from the initial purchase. This occurs in the context of recent substantial accumulations of […]
Ethereum Foundation Transfers Over $94M ETH To Kraken
Amid rumors of a Fed rate cut and options expiration, the Ethereum Foundation moves 35,000 ETH to Kraken, its largest transaction of 2024. The Ethereum Foundation has been progressively decreasing its ETH holdings for the past few months. The foundation has transferred its largest pile in 2024 today, in the Fed rate reduction speculation and […]
Hackers Steal $12 Million in ETH and USDC from Ronin Network
The Ronin Network suffered a $12 million Ethereum and USDC theft, following a previous $600 million hack in March 2022. The blockchain bridge has been reportedly hacked, dealing a substantial setback to the Ronin Network. It has led to the seizure of approximately $12 million in USD Coin (USDC) and Ethereum (ETH). The Ronin bridge […]
US Government Moves 300 ETH Tokens — Arkham Intelligence
The onchain analytics firm transferred the 300 ETH tokens from a wallet designated as “Noman Seleem Seized Funds.” On August 5, a wallet address ending in “d46” was transferred 300 Ether, estimated to be worth $699,000, from a wallet believed to be under the custody of the United States government, according to Arkham Intelligence. Additionally, […]