Whale activity in the cryptocurrency markets has increased significantly in the last 24 hours.
High-volume transactions from large wallets have an impact on both liquidity and investor sentiment, with notable transfers recorded in ETH, SOL, and BTC.
On the Ethereum side, an anonymous whale staked a full 25,000 ETH, opening a position worth approximately $79.48 million. This investor had withdrawn the same assets from Kraken a month ago for $84.81 million.
There was also significant activity on the Solana network. A whale withdrew approximately 101,365 SOL ($13.89 million) from Kraken 10 hours ago. On-chain data reveals that this investor holds a total of 628,564 SOL ($84.13 million), with 519,217 SOL in their wallet and 109,348 SOL in staking.
Whale activity on the Bitcoin side is even more noteworthy. A large wallet with the short address bc1qsz deposited 2,000 BTC ($180.33 million) into Binance. This whale had previously purchased a total of 5,000 BTC ($463.55 million) from Matrixport between December 4-5, executing these transactions at an average price of $92,710.
While some large investors are making profitable trades, the picture is more negative for others. Trader 0xa43d lost $3.24 million due to a long position he opened at the peak of the ETH price. Having opened a long position at the peak, he closed part of his position three hours ago, resulting in a loss of $583,500. The trader still has 11,793 ETH ($37.6 million) in long positions, with an outstanding loss of $2.66 million.
On the other hand, another whale sold 1,466 BTC ($132 million) in the last 16 days, collecting 43,649 ETH ($139 million) in return.
*This is not investment advice.
