"Ethereum Whale Dumps $228M ETH on Bitfinex, Price Plummets; Bulls Buy Dip, ETH Surges 7%

Ethereum Whale Moves $228.6 Million in ETH to Bitfinex Before Market Correction: Lookonchain

Blockchain tracking firm Lookonchain reports that an anonymous trader moved 77,736 ETH, valued at $228.6 million at the time, to crypto exchange Bitfinex just before Ethereum's price plummeted to around $2,100 this weekend. The wallet had initially withdrawn the same amount of ETH worth $11.9 million in January 2019 when the price per ETH was just $153.

Meanwhile, Lookonchain also reports that some crypto whales are buying Ethereum's dip, including an entity known as "7 Siblings." The entity bought 5,382 ETH ($14.5 million) on Monday, adding to its total purchase of 50,429 ETH ($126 million) for the day. This is not the first time "7 Siblings" has bought a large amount of ETH at the bottom of the market. In August 2024, the entity accumulated $129 million worth of ETH near the $2,300 level.

Ethereum Surges Above $2,800, Up 7.06% in 24 Hours

According to BlockBeats News, Ethereum has rebounded and surpassed $2,800, currently trading at $2,803, with a 24-hour gain of 7.06%.

Ripple XRP Price Hits $3 as SEC Drops Case, BNB Nears ATH, and Rollblock Surges Amid Market Recovery

Ripple's XRP price rose to $3 after the lawsuit dismissed by the SEC rocked the market. BNB is approaching its ATH, while Rollblock is innovating with exponential expansion. As the market rebounds, these tokens are leading the charge, fueling investor optimism for what's ahead.

Ethereum Faces Supply Challenges and Investor Skepticism as Solana Emerges Stronger in the Crypto Landscape

Ethereum is facing significant challenges as its supply increases while investor sentiment shifts, leading to an intensifying rivalry with Solana. Despite the anticipated