According to Lookonchain, a major Ethereum whale sold their entire holding of 10,543 ETH, valued at $26.1 million, at a price of $2,476 per ETH during a sharp market downturn in the past hour. This rapid liquidation resulted in a realized loss of $2 million over just two days, signaling increased selling pressure and potential further volatility for the ETH price in the short term. Such large-scale whale transactions often trigger additional market reactions and may impact liquidity and sentiment across the broader cryptocurrency market. (Source: Lookonchain via Twitter, debank.com/profile/0x349d…)

According to Lookonchain, a major Ethereum whale liquidated their entire holding of 10,543 ETH, worth $26.1 million, at a price of $2,476 due to the recent market drop. The whale realized a $2 million loss within just two days, according to data from debank.com. This significant sell-off has heightened short-term bearish sentiment among traders, with potential for further volatility in the Ethereum price as large holders adjust their positions. Active monitoring of whale activity is now crucial for crypto traders seeking to anticipate near-term price movements. (Source: Lookonchain, debank.com)

According to Lookonchain, a major crypto whale deposited $50.5 million USDC into Hyperliquid to short Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) using 5x leverage. Following the recent market downturn, the whale's positions have turned profitable, with over $3.5 million in unrealized gains. This significant short activity and profit-taking highlight increased bearish sentiment among large traders, which may exert further downward pressure on BTC, ETH, and SOL prices in the short term. Source: Lookonchain (x.com/lookonchain/status/1922099994942738683), Hypurrscan (hypurrscan.io/address/0x5b5d).