According to Ai 姨 (@ai_9684xtpa), a major ETH whale (address 0x55D...D4B7A) sold a total of 1692 ETH, valued at approximately $4.31 million, over the past 8 hours at an average price of $2547. Of the total, 1292 ETH was converted directly into DAI, while 400 ETH was swapped for WBTC. This significant sell-off and conversion to stablecoins and WBTC indicates short-term bearish sentiment among large holders, potentially increasing sell pressure on ETH and shifting liquidity toward Bitcoin and stablecoins. Traders should closely monitor ETH price moves, as whale activity often signals broader market trends. (Source: Ai 姨 on Twitter, June 14, 2025)

According to @EmberCN, the hacker who stole funds from Coinbase users has continued to liquidate their holdings, selling 8,775 ETH for $23.23M DAI in the past two hours. Since 8 AM today, the hacker has moved a total of 26,347 ETH through THORChain and exchanged it for $68.18M DAI at an average price of $2,588 per ETH. The DAI from these sales is currently stored in two specific addresses. This large-scale sale has the potential to put significant downward pressure on Ethereum prices and could increase volatility across the broader crypto market as traders react to the rapid liquidation. Source: @EmberCN on Twitter.