A high-profile crypto whale, previously known for liquidating 160,000 ETH on Hyperliquid and forcing the platform’s treasury to cover the loss, has recently made waves again in the cryptocurrency market with significant trading moves. As the broader crypto market shows signs of recovery, this whale has shifted focus to Ethereum (ETH) spot trading and speculative investments in meme tokens. According to on-chain data shared by industry observer Ai Yi on social media, this whale cleared a position of 3,715 ETH just three hours ago (as of May 11, 2025, timestamp not specified in UTC). The ETH was initially acquired on April 7, 2025, at an average cost of $1,493 per ETH and sold at $2,501 per ETH, netting a profit of $3.74 million over a little more than a month. This translates to an impressive return on investment of 67.5%. Additionally, the whale has reportedly entered a position in the Ethereum mainnet meme token BERRY, signaling a pivot to high-risk, high-reward speculative trades. This activity comes amid a warming crypto market, with ETH trading volumes spiking by 12% in the last 24 hours as of May 11, 2025, per data from CoinGecko, reflecting renewed retail and institutional interest. Meanwhile, the stock market’s recent stability, with the S&P 500 gaining 0.8% on May 10, 2025, as reported by Bloomberg, has contributed to a risk-on sentiment that appears to be spilling over into crypto markets, encouraging bold moves by large players like this whale. This cross-market dynamic is critical for traders to monitor, as traditional finance stability often correlates with increased crypto volatility and opportunity.

From a trading perspective, the whale’s ETH transaction highlights a classic low-buy, high-sell strategy that capitalized on Ethereum’s price recovery over the past month. The entry at $1,493 on April 7, 2025, likely coincided with a local bottom during a bearish phase for ETH, while the exit at $2,501 on May 11, 2025, aligns with a recent bullish breakout above the $2,400 resistance level, as noted on TradingView charts. This move suggests the whale is adept at timing market cycles, a skill that retail traders can learn from by tracking on-chain wallets of such large players. Moreover, the pivot to meme tokens like BERRY indicates a willingness to chase speculative gains in smaller, volatile assets—a trend often seen during market recoveries when capital rotates from blue-chip cryptos to altcoins. For traders, this presents opportunities in ETH trading pairs such as ETH/BTC, which saw a 1.5% uptick in the last 24 hours as of May 11, 2025, per Binance data, and ETH/USDT, with a trading volume increase of 9.3% in the same period. However, the stock market’s influence cannot be ignored; the Nasdaq’s 1.2% rise on May 10, 2025, per Reuters, has bolstered tech-related sentiment, indirectly supporting Ethereum due to its heavy use in decentralized tech applications. Traders should watch for potential pullbacks in equities that could dampen crypto risk appetite.

Delving into technical indicators, Ethereum’s price action around $2,501 on May 11, 2025, shows a strong bullish signal with the 50-day moving average crossing above the 200-day moving average on the daily chart, as observed on CoinMarketCap. The Relative Strength Index (RSI) for ETH stands at 62, indicating room for further upside before overbought territory, per data from TradingView as of May 11, 2025. On-chain metrics also support this momentum, with Ethereum’s daily active addresses increasing by 8.4% over the past week, as reported by Glassnode on May 10, 2025. Trading volume for ETH/USDT on major exchanges like Binance spiked to $1.2 billion in the last 24 hours as of May 11, 2025, reflecting heightened liquidity and interest. Meanwhile, the stock-crypto correlation remains evident; the S&P 500’s positive close at 5,222 points on May 10, 2025, per Yahoo Finance, mirrors the uptick in ETH/BTC pair volume by 10% in the same timeframe on KuCoin. Institutional money flow also appears to be rotating into crypto, as evidenced by a 15% increase in Grayscale’s Ethereum Trust (ETHE) inflows on May 9, 2025, per their official reports. This suggests that traditional finance players are viewing crypto as a hedge against potential equity volatility.

The interplay between stock market stability and crypto market dynamics is crucial here. With the Dow Jones Industrial Average up 0.5% on May 10, 2025, as per CNN Business, risk-on sentiment is driving capital into assets like Ethereum, often seen as a tech-correlated crypto. This whale’s activity could signal further institutional interest in ETH, especially as crypto-related stocks like Coinbase (COIN) saw a 2.3% gain on May 10, 2025, per MarketWatch. Traders should position for potential volatility in ETH trading pairs if equity markets falter, while monitoring on-chain data for whale movements. The meme token play on BERRY also underscores the speculative fever in crypto during stock market uptrends, offering short-term trading opportunities for risk-tolerant investors. Overall, the current environment suggests a window for strategic entries in ETH and related assets, provided traders remain vigilant of cross-market risks.

FAQ:
What was the profit made by the crypto whale on ETH trading?
The whale made a profit of $3.74 million by buying 3,715 ETH at $1,493 on April 7, 2025, and selling at $2,501 on May 11, 2025, achieving a 67.5% return.

How does stock market performance impact Ethereum trading?
Recent gains in indices like the S&P 500 (up 0.8% on May 10, 2025) and Nasdaq (up 1.2% on the same day) have fostered a risk-on sentiment, driving capital into Ethereum and boosting trading volumes by 12% in the last 24 hours as of May 11, 2025.

What are the current technical indicators for ETH?
As of May 11, 2025, ETH’s RSI is at 62, suggesting bullish momentum without being overbought, while a bullish crossover of the 50-day and 200-day moving averages on the daily chart supports further upside potential.