Ethereum News Today: Ethereum Whale "0x3c9E" Sells $25M ETH at $4,603 in Four Hours

Generated by AI AgentCoin World
Monday, Aug 25, 2025 3:47 pm ET1min read
ETH
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Aime RobotAime Summary

- Ethereum whale "0x3c9E" sold $25.32M in ETH at $4,603/ETH in four hours, sparking panic sell-off and "buy-high-sell-low" criticism.

- The wallet's repeated large sales at peaks have raised concerns over short-term price manipulation and market volatility.

- Analysts warn against overreacting to whale activity, emphasizing long-term fundamentals over short-term whale-driven price noise.

A major

Ethereum
whale, identified by the address “0x3c9E,” has triggered widespread market attention after selling 5,500 ETH — valued at $25.32 million — in a four-hour period. The transaction took place at an average price of $4,603 per ETH, a level considered near the top of the current market cycle [1]. This move has been widely interpreted as a panic sell amid heightened volatility, reinforcing the whale’s reputation for “buy-high-sell-low” behavior [1].

The whale’s actions have raised eyebrows within the crypto community. Traders and analysts noted that “0x3c9E” has previously made large sales during market peaks, often followed by price corrections. Blockchain analytics platforms have highlighted the pattern, adding to concerns about its potential influence on short-term price dynamics [1].

Reactions from the market have been mixed. While some view the sale as an indicator of an imminent peak in ETH’s price cycle, others suggest it may be a strategic move to offload exposure ahead of potential regulatory or macroeconomic developments. The sale, however, does not necessarily signal a broader market downturn, as large whale movements often create noise rather than define long-term trends [1].

This is the latest in a series of high-profile transactions involving the same wallet. The address has been closely watched for its tendency to trigger market speculation with every large move. The recent dump has once again brought it into the spotlight, with many observers questioning whether this is a sign of underlying market weakness or simply a misjudged timing by a large holder [1].

Retail traders have been reminded to remain cautious and avoid overreacting to such whale activity. While large sell-offs can introduce short-term pressure on prices, they do not always reflect the overall health of the market. Investors are encouraged to focus on fundamental research and long-term strategies, rather than be swayed by the actions of large holders [1].

Source: [1] Whale “0x3c9E” Panic Dumps $25M in ETH at Peak (https://coinmarketcap.com/community/articles/68acbad39de84b22569c1239/)