Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Vae embraces Bitcoin, Ibit attracts $ 1B: a global BTC shift that unfolds?

2025-05-10

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Soonchain integrates into AGNT-HUB to elevate AI-driven web3 gaming

    2025-05-10

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10

    ‘Nasdaq on Solana’ vision sees progress with opening bell launch

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin – Price is rising by $ 100k – Bull Market officially back?

    2025-05-10

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10

    Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

    2025-05-10

    Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»This “smart” whale is buying ETH again, could there be an incoming price increase?
Analysis

This “smart” whale is buying ETH again, could there be an incoming price increase?

2023-11-05No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Over the past week, Ethereum (ETH) has captured the attention of many investors as it gradually approaches the $1900 price zone. Like many assets riding the Bitcoin-driven market rally, ETH, also known as Ether, is up 5.85% over the past seven days, bringing its total price increase over the past four weeks to 15.17%.

Interestingly, a recent whale move has now added more speculation around ETH, leading to suggestions that the largest altcoin could experience a price increase soon.

‘Smart’ Whale Buys Ether Worth $15.94 Million – What Could They Know?

In a Sunday message on .

This transaction has attracted a lot of attention due to this Ether investor’s past history. Lookonchain, colloquially known as a ‘smart’ whale, notes that ‘0xb15’ has executed 8 ETH trades since February 12, with a win rate of 87.5% and a total profit of $13 million.

Bought the smart whale $ETH again!

The whale dropped off 31.8 million people $USDT Unpleasant #Binance and withdrew 8,698 $ETH($15.94 million) 3 hours ago.https://t.co/heBjvbk1Oihttps://t.co/hDNN69qn3h pic.twitter.com/n0SmpqMsVI

— Lookonchain (@lookonchain) November 4, 2023

This smart whale is best known for buying low and selling high. Most recently, she deposited 24,495 ETH ($45 million) on Binance on November 2, shortly after purchasing 24,548 ETH worth $39.8 million, leading to a profit margin of approximately $5.47 million.

Following the purchase by “0xb15” on Sunday, many traders are likely on high alert as it indicates that the whale is expecting a continued rise in the price of Ether in the coming days.

Looking at Ether’s daily chart, the altcoin is poised to break into the $1900 price zone if this buying pressure continues. However, investors should note that the token’s Relative Strength Index (RSI) now stands at 71.43, indicating that the token is now in the overbought zone and could experience a trend reversal.

See also  Cardano (ADA) Struggles: Can Bulls Prevent Further Losses?

ETH market records largest weekly outflow of CEXs since August

In other news, Centralized Exchanges (CEXs) Just Recorded an Outflow of $210 Million in Ether in the Last Seven Days, According to data from IntotheBlock. This marks the altcoin’s largest weekly outflow from CEXs since August.

This data only reflects the strong bullish sentiment surrounding the ETH market, as a reduction in the supply of tokens on exchanges reflects an increase in buying activity by investors.

At the time of writing, Ether is trading at $1890.95, with a gain of 2.61% on the last day. However, the token’s daily trading volume has fallen by 11,485 and is valued at $6.02 billion. With a market capitalization of $227.4 billion, Ethereum remains the second largest cryptocurrency in the world.

ETH

ETH trading at $1,896.73 on the daily chart | Source: ETHUSDT chart on Tradingview.com

Featured image from iStock, chart from Tradingview



Source link

buying ETH Incoming Increase Price Smart whale
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

2025-05-10

Is Bitcoin price on its way to $ 137K? Markt -Expert says that BTC broke out since November 2024

2025-05-10

JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

2025-05-10

Partially completed Wave 5 says there is still room to run

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Pioneering Asia’s Web3 Ecosystem through Historic Merger

2024-02-16

NBA Top Shot NFTs: A Beginner’s Guide

2023-09-22

Ethereum price remains strong at $1,800

2023-06-30
Editors Picks

Former Goldman Sachs Executive Says Ethereum Poised to Outperform Bitcoin as Crypto Enters Late Spring

2023-11-12

Seven US representatives ask Treasury Secretary Janet Yellen why Tornado money remains online despite sanctions

2024-11-20

Top reasons why Bitcoin price fell below $63,000

2024-03-19

XRP – Price breaks out – Is a larger rally on the horizon?

2025-02-14
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Vae embraces Bitcoin, Ibit attracts $ 1B: a global BTC shift that unfolds?

Bitcoin – Price is rising by $ 100k – Bull Market officially back?

XRP, Pepe Rebound underway, but Cardano and this Defi -Token look stronger: Rexas Finance

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,897.260.86%
  • ethereumEthereum(ETH)$2,530.588.27%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.402.20%
  • binancecoinBNB(BNB)$659.66-1.87%
  • solanaSolana(SOL)$176.582.80%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.24137317.51%
  • cardanoCardano(ADA)$0.814.68%
  • tronTRON(TRX)$0.262961-0.13%
  • suiSui(SUI)$4.062.13%
  • chainlinkChainlink(LINK)$16.905.90%
  • avalanche-2Avalanche(AVAX)$25.167.85%
  • stellarStellar(XLM)$0.3130065.37%
  • shiba-inuShiba Inu(SHIB)$0.0000168.69%
  • hedera-hashgraphHedera(HBAR)$0.2135406.09%
  • the-open-networkToncoin(TON)$3.485.48%
  • hyperliquidHyperliquid(HYPE)$25.855.12%
  • bitcoin-cashBitcoin Cash(BCH)$423.652.63%
  • polkadotPolkadot(DOT)$5.094.15%
  • litecoinLitecoin(LTC)$103.540.60%
  • unus-sed-leoUNUS SED LEO(LEO)$8.26-5.01%
  • moneroMonero(XMR)$325.704.26%
  • bitget-tokenBitget Token(BGB)$4.907.73%
  • piPi(PI)$0.786.71%
  • pepePepe(PEPE)$0.0000134.27%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$7.2011.73%
  • bittensorBittensor(TAO)$459.598.08%
  • nearNEAR Protocol(NEAR)$3.2912.75%
  • aptosAptos(APT)$6.099.04%
  • ondo-financeOndo(ONDO)$1.076.39%
  • aaveAave(AAVE)$223.065.52%
  • okbOKB(OKB)$55.861.02%
  • ethereum-classicEthereum Classic(ETC)$20.325.99%
  • internet-computerInternet Computer(ICP)$5.724.88%
  • kaspaKaspa(KAS)$0.1095395.21%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.15-0.92%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2693775.97%
  • render-tokenRender(RENDER)$5.367.71%
  • crypto-com-chainCronos(CRO)$0.1029031.39%
  • gatechain-tokenGateToken(GT)$22.23-1.07%
  • vechainVeChain(VET)$0.0317306.20%
  • mantleMantle(MNT)$0.781.70%
  • ethenaEthena(ENA)$0.41445211.35%
  • arbitrumArbitrum(ARB)$0.47292524.76%
  • filecoinFilecoin(FIL)$3.216.05%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • algorandAlgorand(ALGO)$0.2472596.69%
  • bitcoinBitcoin(BTC)$103,897.260.86%
  • ethereumEthereum(ETH)$2,530.588.27%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.402.20%
  • binancecoinBNB(BNB)$659.66-1.87%
  • solanaSolana(SOL)$176.582.80%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.24137317.51%
  • cardanoCardano(ADA)$0.814.68%
  • tronTRON(TRX)$0.262961-0.13%
  • suiSui(SUI)$4.062.13%
  • chainlinkChainlink(LINK)$16.905.90%
  • avalanche-2Avalanche(AVAX)$25.167.85%
  • stellarStellar(XLM)$0.3130065.37%
  • shiba-inuShiba Inu(SHIB)$0.0000168.69%
  • hedera-hashgraphHedera(HBAR)$0.2135406.09%
  • the-open-networkToncoin(TON)$3.485.48%
  • hyperliquidHyperliquid(HYPE)$25.855.12%
  • bitcoin-cashBitcoin Cash(BCH)$423.652.63%
  • polkadotPolkadot(DOT)$5.094.15%
  • litecoinLitecoin(LTC)$103.540.60%
  • unus-sed-leoUNUS SED LEO(LEO)$8.26-5.01%
  • moneroMonero(XMR)$325.704.26%
  • bitget-tokenBitget Token(BGB)$4.907.73%
  • piPi(PI)$0.786.71%
  • pepePepe(PEPE)$0.0000134.27%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$7.2011.73%
  • bittensorBittensor(TAO)$459.598.08%
  • nearNEAR Protocol(NEAR)$3.2912.75%
  • aptosAptos(APT)$6.099.04%
  • ondo-financeOndo(ONDO)$1.076.39%
  • aaveAave(AAVE)$223.065.52%
  • okbOKB(OKB)$55.861.02%
  • ethereum-classicEthereum Classic(ETC)$20.325.99%
  • internet-computerInternet Computer(ICP)$5.724.88%
  • kaspaKaspa(KAS)$0.1095395.21%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.15-0.92%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2693775.97%
  • render-tokenRender(RENDER)$5.367.71%
  • crypto-com-chainCronos(CRO)$0.1029031.39%
  • gatechain-tokenGateToken(GT)$22.23-1.07%
  • vechainVeChain(VET)$0.0317306.20%
  • mantleMantle(MNT)$0.781.70%
  • ethenaEthena(ENA)$0.41445211.35%
  • arbitrumArbitrum(ARB)$0.47292524.76%
  • filecoinFilecoin(FIL)$3.216.05%
  • usd1World Liberty Financial USD(USD1)$1.00-0.09%
  • algorandAlgorand(ALGO)$0.2472596.69%