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: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts
  • 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: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts

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 price whale news

Bitcoin OG Whale Moves 40,000 BTC To Galaxy, Triggering Market Shock

A single wallet that has sat untouched since 2011 jolted the market overnight, wiring 40,009 BTC—worth roughly $4.68  billion at prevailing prices—to...

Jake Simmons 3 hours ago
Bitcoin Price Attempts a Comeback

Bitcoin Price Dips — Is This the Calm Before the Surge or the Storm?

Bitcoin price started a downside correction from the $123,200 zone. BTC is now trading below $120,000 and might find bids...

Aayush Jindal 3 hours ago
On-Chain Data Shows Key Bitcoin Support & Resistance Levels—Here’s What To Expect

On-Chain Data Shows Key Bitcoin Support & Resistance Levels—Here’s What To Expect

Bitcoin (BTC) has seen a pullback after days of sustained upward momentum, reacting to the latest U.S. Consumer Price Index...

Samuel Edyme 4 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

Dormant Bitcoin Wallet Moves $1.2B in BTC: Is A Major Sell-Off Coming?

Dormant Bitcoin Wallet Moves $1.2B in BTC: Is A Major Sell-Off Coming?

Samuel Edyme 39 minutes ago

Bitcoin Profit-Taking Spikes Without Price Drop – Strong Demand Or Delayed Reaction?

Ash Tiwari 1 hour ago
Ethereum Flexes Muscle

Ethereum Flexes Muscle, Outperforms Bitcoin Amid Market Momentum

Aayush Jindal 2 hours ago

Premium Sponsors

Press Releases

  • e 3 coiny poniżej 1 dolara mogą zamienić 200 dolarów w...

    9 hours ago
  • ミームコインの価格急騰が続く中、注目の仮想通貨プレセールが50万ドルを突破し、次の100倍コインになる可能性がある。

    ...

    15 hours ago
  • 仮想通貨おすすめ|ビットコイン強気派の一休み中に買うべき銘柄

    ...

    15 hours ago
  • 2025年注目の新しい仮想通貨|Solana発 次世代ミームコインが投資家の期待を集める

    2025年注目の新しい仮想通貨|Solana発...

    16 hours ago
  • 2025年7月第2週にクジラが購入した注目のアルトコイン

    ...

    16 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

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.