According to Crypto Rover on Twitter, a prominent Ethereum whale has continued accumulating ETH, purchasing an additional 9,023 ETH valued at $20.55 million despite previously realizing an $11 million loss. This aggressive accumulation coincides with Ethereum’s recent price rally, indicating strong bullish conviction among large holders and potentially signaling further upward momentum for ETH markets. Such significant whale activity is closely watched by traders as it often precedes increased market volatility and can serve as a short-term bullish indicator for both Ethereum and the broader crypto market (source: Crypto Rover, Twitter, May 10, 2025).

According to Crypto Rover, BlackRock has transferred 27,852 ETH, valued at approximately $43 million, to Coinbase. This significant movement of Ethereum could indicate potential market volatility or a strategic move by BlackRock. Traders should closely monitor Ethereum's price action and trading volumes following this transfer as it may signal an impending sell-off or strategic reallocation of assets. Monitoring on-chain data and Coinbase's order book could provide insights into BlackRock's intentions.

According to Lookonchain, Galaxy Digital has deposited a substantial 25,000 ETH, equivalent to over $40 million, into Binance over the past three days. This significant transfer could indicate a potential strategy shift or preparation for large-scale trading activities. Such movements are critical for traders monitoring liquidity and potential price impacts on the Ethereum market.