Big Cryptocurrency Whales Did This During Today’s Major Volatility

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 This investor had withdrawn the same assets from Kraken a month ago for $84.81 million.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.