LookonChain รายงานว่า Whale ได้ฝาก 22,746 ETH มูลค่า 77.7 ล้านดอลลาร์ ไปยัง Binance ในช่วงเช้าตรู่ของวันศุกร์ เพื่อถอนเหรียญ stablecoin และชำระหนี้บนแพลตฟอร์มการเงินแบบกระจายอำนาจ Spark และ Aave โดยรวมแล้ว Whale นี้ได้ย้าย 31,968 ETH มูลค่าประมาณ 108.3 ล้านดอลลาร์ตามการประเมินปัจจุบัน ไปยัง Binance ในช่วงสองวันที่ผ่านมา ราคาที่ลดลงเมื่อเร็ว ๆ นี้ทำให้วาฬต้องขาย $ETH เพื่อชำระหนี้
วาฬฝากเงิน 22,746 $ETH ($77.7M) ให้กับ #Binance ในช่วง 5 ชั่วโมงที่ผ่านมา และถอนเหรียญ stablecoin จาก #Binance เพื่อชำระหนี้บน #Spark และ #Aave
และวาฬตัวนี้ได้ฝากเงินรวม 31,968 $ETH ($122.3M) ให้กับ… pic.twitter.com/vhw9J1KTkP
Another whale deposited an even larger amount of 49,910 ETH, worth $170 million, to Binance hours ago. This individual subsequently withdrew $137.8 million worth of stablecoins from the exchange, likely for debt repayment.
Within seven days leading up to December 18, Ethereum whales holding between 1,000 and 10,000 ETH collectively reduced their holdings from 13.47 million ETH to 13.41 million ETH. This sell-off represents 60,000 ETH offloaded, valued at more than $200 million.
According to CoinGlass data, Ethereum liquidations have surpassed $190 million in the last 24 hours, with long and short trading positions standing at $165 million and $25 million, respectively. The coin’s Open Interest (OI) percentage has declined by 7.4%, following the current crypto market trend, which is trading in the red.
Despite this widespread selling activity, not all whales are taking bearish positions. World Liberty Finance, an entity reportedly associated with President-elect Donald Trump’s financial ventures, spent 2.5 million USDT to acquire 722 ETH on Thursday.
After the $ETH price drop, #Trump's World Liberty(@worldlibertyfi) spent 2.5M $USDT to buy 722 $ETH again 2 hours ago.https://t.co/AmeIF2plRb pic.twitter.com/UwI88MfoUK
— Lookonchain (@lookonchain) December 20, 2024
Additionally, another prominent whale linked to Longling Capital has strategically purchased 6,000 ETH during the dip. Known for its precise market timing, this whale has reportedly accumulated profits of $83 million by capitalizing on Ethereum’s price fluctuations.
Ethereum’s recent struggles highlight the challenges it faces in breaking past the $4,000 mark. The level has acted as a strong weekly resistance throughout 2024, with the cryptocurrency facing its third rejection at this price point this year alone.
Historically, the $4,000 resistance has been tested five times since 2021, but a sustained bullish breakout above this level remains elusive. Market data from CoinGlass shows that Ethereum futures open interest reached a record $28.70 billion on December 17, but has now dropped to $25 billion.
While futures traders predominantly held long positions throughout November, sentiment has shifted with the recent price downturn.
For the first time since November 6, the aggregated premium of futures positions has turned bearish, indicating a rise in short positions relative to long positions. This shift has added downward pressure on ETH prices, pulling them below the $4,000 threshold once again.
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