Latest Whales News and Insights | Yellow.com

Bitcoin "whales" are on a feeding frenzy. The number of wallets holding over 100 BTC just hit a 17-month high. This comes as smaller traders lose their nerve and dump their coins. Blockchain analytics firm Santiment dropped some eye-opening stats. In August alone, 283 wallets crossed the 100 BTC threshold. That's no small change. "As crypto prices have let retail traders down, Bitcoin whales are growing in number," Santiment said. The total count of these chunky wallets now sits at 16,120. It's not just the big fish, either. "Shark" wallets, holding 10+ BTC, are also beefing up their stacks. All told, wallets in the 10-10,000 BTC range have scooped up over 133,000 coins in the past month. That's a cool $7.6 billion at current prices. Blockstream CEO Adam Back noticed the trend. He pointed out that whales have been buying 450 BTC daily since a price dip on August 28. "Go ahead sell them cheap corn," he quipped. Why the whale feast? Santiment reckons smaller traders are "impatiently" offloading their holdings. The pressure's on as prices slide. CryptoQuant's Axel Adler Jr. thinks more pain could be coming. He warns the number of folks willing to sell at a loss might double if current trends continue. The market mood isn't great. The Crypto Fear & Greed Index has been stuck in "Fear" territory. It averaged a measly 37 in August. But not everyone's doom and gloom. Bitgrow Lab's Vivek Sen sees a silver lining. He notes that heavy whale buying has often preceded new Bitcoin all-time highs. "The last time whales bought a lot, Bitcoin hit a new ATH," Sen said. Time will tell if history repeats itself.

An early Ethereum investor is making waves in the crypto market. They've deposited 48,500 ETH to an exchange over the past month. This comes as Ether's market cap took an $80 billion hit. The whale bought 1 million ETH at $0.31 during the ICO. That was 3,300 days ago. Now, they're cashing out at an average of $3,176 per ETH. Talk about a windfall. The ROI? A mind-boggling 1,024,416%. Not too shabby for a nine-year wait. The whale's been busy. They've made 17 transactions to OKX in the past month. The deposits started small but ramped up. The last three were 5,000 ETH each. There's still 15,600 ETH left in the whale's wallet. If they keep selling, we could see another $41 million hit the market soon. But it's not just this whale making moves. Block Tower Capital sold 9,232 ETH worth about $25 million. They used FalconX, Cumberland, Wintermute, and B2C2Group to do it. Interestingly, despite these big sales, ETH is actually leaving exchanges overall. CryptoQuant data shows exchange reserves dropped from 17.1 million to 16.8 million in August. The launch of the spot Ethereum ETF hasn't helped prices either. Net inflows are still negative, thanks to outflows from Grayscale's ETHE. Ether's price is having a rough Q3. It's currently sitting at $2,649. So what's next for ETH? With whales cashing out and ETFs not providing the expected boost, it's anyone's guess. But one thing's for sure - the crypto world is never dull.

A crypto heavyweight is making waves. They've been snapping up Ethereum like it's going out of style. In less than two months, this whale has amassed nearly $100 million worth of ETH. Blockchain tracker Lookonchain broke the news. An Ethereum address starting with "0x78D07" bought $4.7 million of ETH on Friday. This adds to their already massive stack. "This whale has accumulated 37,800 ETH ($99 million) since May 24th," Lookonchain reported. The average buying price? $2,420. Current unrealized profit? A cool $7.5 million. It's not just any whale. Lookonchain calls them "smart money". They've got a perfect track record of profitable trades. Since late May, they've scooped up about $70 million in ETH. Where's all this ETH coming from? Binance, the biggest crypto exchange out there. On-chain data doesn't lie. Lookonchain noted, "The smart money with a 100% win rate bought 2,424 ETH ($7.22 million)... He has bought 19,436 ETH ($68.25 million) at $3,511 since May 29th!" As of writing, Ethereum's price sits at $2,551. That's down 3% in 24 hours. But this whale doesn't seem fazed. While some are buying ETH, others are cashing out. Lookonchain spotted a whale dumping their Pepe (PEPE) stash. PEPE's an ETH-based memecoin, for those not in the know. "The whale deposited all the remaining 395.92 billion PEPE ($3.4 million) into Binance... hours ago," Lookonchain said. Total profit? $5.06 million, a 199% return. Not too shabby. PEPE's currently trading at $0.00000785. It's down nearly 9% today. Looks like that whale got out just in time. So what's the deal? One whale's buying ETH like there's no tomorrow, while another's ditching memecoins. Just another day in crypto, folks.

A Bitcoin miner from the cryptocurrency's early days has suddenly sprung to life. They moved 250 Bitcoin worth nearly $14 million on Wednesday. This whale had been quiet for over a decade. The wallet started stacking sats back in 2010. That's when mining was way easier than now. On-chain data shows this. Bitcoin mining was different back then. A few geeks could earn coins with basic computers. It was a piece of cake compared to today's setup. The scene changed big time between 2010 and 2015. At first, you could mine with just a regular PC. The network wasn't that tough to crack. Early birds dominated the game when Bitcoin was still under the radar. As Bitcoin blew up, mining got harder. Fancy hardware called ASICs came into play. Big mining pools formed too. These pools let miners team up to boost their chances of validating blocks. The whale's long nap is pretty intriguing. Why sit on those coins for so long? Maybe they really believed in Bitcoin's future. Or perhaps it was just too tricky to move the coins safely back then. Looking at the blockchain, we can see the miner's initial 250 BTC was worth $28,080 in May 2013. Now it's ballooned to a whopping $14,022,065. That's a profit of over $13.9 million, which is nothing to sneeze at. This transfer lines up with what CryptoQuant's boss Ki Young Ju says is a buying spree for Bitcoin after Monday's price dip. Young Ju dropped some stats on Twitter. He said 404,448 BTC have moved to long-term hodler addresses in the past month. That's a boatload of coins going into cold storage, hinting that big players are betting on Bitcoin as a store of value. "It's clearly accumulation," Young Ju wrote. He reckons we'll know if this bet pays off within a year. This early miner's move might be part of a bigger trend. With over 400,000 BTC moving to long-term addresses, it looks like some heavy hitters are feeling bullish about Bitcoin's future. Time will tell if these whales are onto something or if they're just making waves in the crypto ocean.

Anonymous Ethereum whale is catching the moment. While multiple investors sell their ETH holdings in panic, this blocke is enjoying the opportunity to buy the dip. Ethereum has taken a hit. The cryptocurrency broke below $3,000 for the first time in months. It's down 4.76% in 24 hours. Current price? Just over $2,900. Retail investors are panicking. But not everyone's running scared. On-chain data shows a different story. A whale investor is gobbling up ETH like it's going out of style. This isn't just any whale. We're talking about an investor with a perfect track record. They've been right 100% of the time. And they've been loading up on ETH for two months straight. Lookonchain, a social media tracker, spilled the beans on X. The whale just bought another 2,424 ETH. That's $7.22 million at current prices. It's not pocket change. But here's the kicker: since May 29, this whale has bought 19,436 ETH. Total value? $68.25 million. Average price? $3,511 per ETH. Do the math, and you'll see they're down about $8 million right now. Sounds crazy, right? Maybe not. This whale has been spot-on since November 2022. They've been buying low and selling high like clockwork. Between November 21, 2022, and May 23, 2024, this investor made over $38 million in profits. They seem to have a sixth sense for ETH's ups and downs. Now, they're doubling down despite the market slump. It's a bold move. But given their track record, it's hard to dismiss. Is this whale onto something? Or is their luck about to run out? The crypto world is watching closely.