NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Ethereum Price Dips As 400,000 ETH Moved From Crypto Exchanges

Sarah
Sarah
2 years ago
2 mins read
Ethereum Price Dips As 400,000 ETH Moved From Crypto Exchanges

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Ethereum has seen a decline over the past 24 hours. Being hit with new selling pressure, the world’s second-largest crypto asset has plummeted by over 8%. Despite its recent pressure, the whales have become more intense on ETH.

The crypto market is still red, with most crypto assets declining. The bearish trend from the collapse of the FTX crypto exchange is getting more intense. Most of the prominent crypto tokens have seen a drop in their performance.

Notably, the broader crypto market is passing through some corrections. The cumulative market cap has plummeted by almost 5% over the past day.

Related Reading

Assessing the Top-Performing Layer-1 Blockchain Protocols

1 year ago

Whales Accumulate As Ethereum Drops

According to data from Whale Alert, crypto whales are attracted by Ethereum’s new price drop. As a result, they are aggressively accumulating Ether. The report indicated that the whales had moved almost 400K ETH from several crypto exchanges. This figure shows that over $445 million has been transferred to many unknown wallets despite the price dip.

The whales moved about 300K ETH worth almost $333 million from Upbit to several wallets. The whale tracker pointed out the most significant transaction involving the addition of a $129.1 million price of Ether from Upbit.

Additionally, the tracker noted a whale accumulation of 99.99K ETH from the Bitfinex crypto exchange. The recorded transaction is worth about $12.4 million.

The recent whale attention and accumulation are coming as Ethereum recorded a massive drop in its price. At the time of writing, ETH is hovering around $1,132, indicating a 1% drop within the past 24 hours. Also, the token has suffered a massive drop of more than 12% in its value over the past seven days. Its market cap is now at $137.57 billion.

Ethereum Price Dips As 400,000 ETH Moved From Crypto Exchanges
Ethereum slumps by 1% on the chart l ETHUSDT on Tradingview.com

Ethereum’s trading volume has skyrocketed to over $11.9 billion in the last 24 hours. It indicated a more than 103% increase in a single day.

ETH Liquidation Hits Almost $40 Million

Records on liquidation over the past day are pretty on the higher side. As per Coinglass data, about 66,704 traders liquidated over $180 million of their positions in the crypto market within the past 24 hours.

Ethereum seems to take a more considerable liquidated value from the overall amount. The data highlighted that the traders liquidated almost $40 million from Ethereum. About 85% of the liquidated value is from long positions.

Related Reading

Vitalik Buterin

Ethereum Founder Buterin Says ‘Something Important Is About To Happen’ In Cryptic Tweet

2 years ago

Also, the past few weeks show that Ethereum now underperforms Bitcoin. The primary crypto asset has recorded a drop of about 4% in its price over the past 24 hours.

At the press time, BTC is trading at $16,129, showing a slight recovery. But Ethereum plummeted by double the loss from BTC.

Featured image from Pixabay, chart from TradingView.com
Tweet123Share196ShareSend
Sarah
Sarah

Sarah

Sarah is a journalist who continues to share her passion for writing through her writing in DeFi, FinTech, and Cybersecurity.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Market Base Turns Neutral-Bearish As Flows Stay Weak

Bitcoin Market Base Turns Neutral-Bearish As Flows Stay Weak

Bitcoin is entering a fragile stage after days of selling pressure and uncertainty pushed the price into consolidation around the...

Sebastian Villafuerte 2 hours ago
ethereum koers, ethereum verwachting, eth koers, ethereum nieuws, ethereum daalt

ETH breakout of fakeout – duikt de Ethereum koers onder de $4500 in september?

De Ethereum koers slaagde er gisteren in om dicht in de buurt te komen van de $4.500 met een stijging...

Lars Diederiksen 2 hours ago
token6900-spx6900-listing-explosion-crypto

TOKEN6900 (stablemate de SPX6900) débarque aujourd’hui à 14h UTC, une explosion x100 à l’horizon ?

Mercredi 3 septembre 2025 – Le moment est arrivé : TOKEN6900 (T6900), cousin du SPX6900 à 1 milliard $, sera...

guillaumev 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Criptomonede de viitor

Criptomonede de viitor care atrag atenția investitorilor în Septembrie 2025

antonio 1 hour ago
кит и Биткоин

Киты сокращают позиции в Биткоине: что это значит для рынка

daria 1 hour ago
BTC и ETH на весах

Открытый интерес к Bitcoin и Ethereum почти на пике

daria 1 hour ago

Premium Sponsors

Press Releases

  • Top Altcoins

    Presale tiền điện tử hot nhất tháng 9: Top 4...

    42 minutes ago
  • Pepenode.io

    PEPENODE là Alt Coin nên mua ngay bây giờ – Các...

    51 minutes ago
  • Giá MemeCore bùng nổ – PepeNode

    Giá MemeCore bùng nổ – PepeNode chuẩn bị trở...

    59 minutes ago
  • ドージコイン 今後予測:1ドル到達を狙う動きと1億7,500万ドル規模のトレジャリー計画

    ドージコイン...

    1 hour ago
  • リップル 今後はどう動く?米利下げで焦点となる2.80ドル水準

    リップル...

    1 hour ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.