LookonChain informó que una ballena depositó 22.746 ETH, valorados en 77,7 millones de dólares, en Binance en las primeras horas del viernes para retirar monedas estables y pagar deudas en las plataformas financieras descentralizadas Spark y Aave . En total, esta ballena ha movido 31.968 ETH, con un valor aproximado de 108,3 millones de dólares según las valoraciones actuales, a Binance en los últimos dos días. La reciente caída de precios obligó a las ballenas a vender $ETH para pagar sus deudas.
Una ballena depositó 22.746 $ETH (77,7 millones de dólares) en #Binance en las últimas 5 horas y retiró monedas estables de #Binance para pagar deudas en #Spark y #Aave .
Y esta ballena ha depositado un total de 31.968 $ETH (122,3 millones de dólares) en… 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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