

Business
Ethereum Accumulations Soar As ETH Price Slips Below $2,500 – Crypto News
In an exciting turn of events witnessed within the cryptocurrency landscape, Ethereum whale accumulations appear to be on the rise as the token’s price has recently noted a significant downturn. As per on-chain data surfacing over the crypto horizon, two prominent whales appear to be on a buying spree, accumulating Ethereum at price dips. These whales have previously been observed accumulating ETH at price lows, thereafter selling them at price highs, nabbing noteworthy profits.
Meanwhile, as the accumulations emerge amid the token’s price plunge, market sentiments for Ethereum are taking a thrilling twist, hinting at bolstered prices shortly ahead.
A Closer Look Into The Report
According to the data revealed by Spotonchain, a platform offering blockchain tracking insights, the two whales, 0x347 and 0xc47, accumulated colossal amounts of ETH today, January 19. Aligning with this, the whale 0x347 withdrew 3,600 ETH, worth $8.84 million, from Binance at $2,456. Whereas, the whale 0xc47 accumulated 5,580 ETH, worth $13.76 million, from Coinbase.
Intriguingly, these whales have been noted, accumulating similar amounts of ETH and converting them into profits in the past. The whale 0xc47 returned after two years of dormancy within the market, jotting an estimated gain of $31.1 million with ETH between September 8, 2020, and March 9, 2022. Meanwhile, the whale 0x347 was noted, accumulating ETH during last year’s bear market, further depositing it to CEXs amid price rises.
Also Read: Cathie Wood & Elon Musk Bullish On Bitcoin, Ark Buys More ARKB ETF With BITO Holdings
Ethereum Price Plunges
As of writing, the Ethereum price showcased a significant fall in the past 24 hours, dropping 2.09%, reaching $2,482. Moreover, its weekly chart also showcased a plunge of 4.92%, aiding the whales in buying the dip. However, the token’s 24-hour trading volume marked a substantial upswing of 15.28% and is currently resting at $11.93 billion. The surge in trading activity mirrors the recent whale chronicle, building additional inferences for the token.
Also Read: Oaktree Co-Founder Deems Bitcoin And Gold Equals In Intrinsic Value Debate
<!–
–>
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
<!–
–>
-
Technology1 week ago
Best 5G phones under ₹10,000 in July 2025: Infinix Hot 60, Samsung M06 and more – Crypto News
-
Technology4 days ago
Meet Matt Deitke: 24-year-old AI whiz lured by Mark Zuckerberg with whopping $250 million offer – Crypto News
-
others1 week ago
Japan CFTC JPY NC Net Positions rose from previous ¥103.6K to ¥106.6K – Crypto News
-
Cryptocurrency5 days ago
XRP inflows drop 95% since July spike, while Chaikin data signals possible rally – Crypto News
-
Blockchain4 days ago
Bank of America Sees Interest in Tokenization of Real-World Assets – Crypto News
-
Blockchain1 week ago
Tether Gold (XAUt) Market Cap Soars as Gold Hits Record Highs in 2025 – Crypto News
-
Cryptocurrency1 week ago
Market update: Bitcoin rises after US-EU announce framework trade agreement – Crypto News
-
others5 days ago
Breaking: Strategy Files $4.2 Billion STRC Offering To Buy More Bitcoin – Crypto News
-
others5 days ago
XRP NIGHT Token Airdrop: Snapshot, Claim Date and What to Expect? – Crypto News
-
Technology1 week ago
Who is Shengjia Zhao? ChatGPT co-creator named Chief Scientist at Meta’s Superintelligence Labs – Crypto News
-
others6 days ago
Ripple Swell 2025: Top Speakers and Panelists to Watch this November – Crypto News
-
Blockchain6 days ago
SEC Crypto ETFs Ruling Brings Structural Fix, Not Retail Shakeup – Crypto News
-
Business6 days ago
Breaking: Solana ETFs Near Launch as Issuers Update S-1s With Fund Fees – Crypto News
-
Technology5 days ago
Oppo K13 Turbo series confirmed to launch in India with in-built fan technology: Price, specs and everything expected – Crypto News
-
others1 week ago
‘Sit Tight With Bitcoin’ Robert Kiyosaki Predicts Great Depression 2.0 – Crypto News
-
Business1 week ago
Ethereum Breaks $3,900 as SharpLink Makes Another $295M ETH Purchase – Crypto News
-
Cryptocurrency1 week ago
Bitcoin and Ethereum ETFs Pull in Record-High $11.2 Billion in July – Crypto News
-
Business1 week ago
Breaking: US SEC Delays Launch Of Truth Social’s Bitcoin ETF And Grayscale’s Solana ETF – Crypto News
-
Business7 days ago
Chase Launches $4 Million Grant Program as Restaurants Struggle – Crypto News
-
Business7 days ago
Stablecoins Won’t Boost Treasury Demand, Peter Schiff Warns – Crypto News
-
De-fi1 week ago
ETH Unstaking Queue Hits Record High, Led by Justin Sun-Linked Addresses – Crypto News
-
Technology1 week ago
Solayer Launches USDC-Powered Hotel Booking Platform To Give Crypto Travel a Boost – Crypto News
-
Metaverse1 week ago
OpenAI rolls out ‘Study Mode’ in ChatGPT: What is it? How to use? All your questions answered… – Crypto News
-
Technology1 week ago
Breaking: BlackRock’s Ethereum ETF Staking Proposal Advances As SEC Acknowledges Filing – Crypto News
-
others1 week ago
Blockchain Gaming Is Growing Up – What’s Behind the Sector’s Quiet Comeback – Crypto News
-
Technology7 days ago
Ethereum Price Prediction- Bulls Target $5,400 Amid DeFi Revival and Soaring TVL – Crypto News
-
Technology6 days ago
Is AI causing tech worker layoffs? Thats what CEOs suggest, but the reality is complicated – Crypto News
-
De-fi5 days ago
White House Crypto Report Recommends Expanding CFTC’s Role in Crypto Regulation – Crypto News
-
Technology5 days ago
Coinbase to Offer Tokenized Stocks and Prediction Markets in U.S. – Crypto News
-
others5 days ago
Canadian Dollar under pressure amid weak GDP, Trump tariff threat, and strong US data – Crypto News
-
Technology5 days ago
Big Tech’s Big Bet on AI Driving $344 Billion in Spend This Year – Crypto News
-
Cryptocurrency4 days ago
CME XRP Futures Hit Record Highs in July Amid ETF Approval Optimism – Crypto News
-
Cryptocurrency4 days ago
Stablecoins Are Finally Legal—Now Comes the Hard Part – Crypto News
-
Technology3 days ago
Beyond Billboards: Why Crypto’s Future Depends on Smarter Sports Sponsorships – Crypto News
-
Technology1 week ago
Indias startup wave merges AI with tradition for smarter daily solutions – Crypto News
-
Cryptocurrency1 week ago
ZK breakthroughs, onchain comebacks and stablecoin shakeups – Crypto News
-
Technology1 week ago
Just In: $111B Brokerage Giant Interactive Brokers Explores Stablecoin for Funding – Crypto News
-
others1 week ago
Why Does Jim Cramer Think the Market’s Slow Pace is Actually Good Sign? – Crypto News
-
others1 week ago
EUR/USD dives as the US Dollar outperforms with all eyes on the Fed decision – Crypto News
-
others1 week ago
Breaking: PayPal to Let Merchants Accept Payments in Over 100 Cryptocurrencies – Crypto News
-
Blockchain1 week ago
SEC Gives Green Light to In-Kind Transactions for Crypto ETPs – Crypto News
-
Technology1 week ago
Spotify hits 276M subscribers and strong user growth in Q2, but revenue and profit fall short of targets – Crypto News
-
Cryptocurrency7 days ago
Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – Crypto News
-
Technology7 days ago
Coinbase exchange targets alleged cybersquatter in lawsuit – Crypto News
-
Technology5 days ago
Solana DEX volume dips 20% after co-founder slams meme coins – Crypto News
-
Technology5 days ago
Tim Cook confirms Apple will ramp up AI spending, ‘open’ to acquisitions – Crypto News
-
Technology5 days ago
Oppo K13 Turbo series confirmed to launch in India with in-built fan technology: Price, specs and everything expected – Crypto News
-
Business4 days ago
Bitpanda Co-Founder & Co-CEO Paul Klanschek Steps Down as Firm Eyes Frankfurt IPO – Crypto News
-
Technology4 days ago
Amazon Great Freedom Sale deals on smartwatches: Up to 70% off on Samsung, Apple and more – Crypto News
-
Cryptocurrency3 days ago
Cardano’s NIGHT Airdrop to Hit 2.2M XRP Wallets — Find Out How Much You Can Get – Crypto News
✓ Share: