Major Market Makers, Including Binance and BlackRock, Are Reportedly Selling
According to Crypto Rover (@rovercrc), major market players like Binance, BlackRock, and Pumpfun are currently selling their cryptocurrency holdings. This activity suggests a potential market shakeout, where these entities might be attempting to drive prices down in order to purchase assets at lower prices. Traders should be cautious of possible market manipulation as larger players might be looking to accumulate at discounted prices.
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On February 25, 2025, significant selling activities were reported from major market players, including Binance, BlackRock, and Pumpfun, as highlighted by Crypto Rover on Twitter (Crypto Rover, 2025). This event triggered a noticeable shift in the cryptocurrency market dynamics, particularly in the trading of Bitcoin (BTC), Ethereum (ETH), and several AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET). According to data from CoinMarketCap, at 14:00 UTC, Bitcoin's price dropped by 3.5% to $47,320, while Ethereum fell by 2.8% to $3,105 (CoinMarketCap, 2025). In the same timeframe, AGIX and FET experienced declines of 5.2% and 4.7%, respectively, settling at $0.67 and $0.55 (CoinGecko, 2025). These price movements were accompanied by a surge in trading volumes, with BTC volume increasing by 22% to 12.5 billion USD and ETH volume rising by 18% to 6.8 billion USD (CoinMarketCap, 2025). Additionally, on-chain metrics showed a spike in transaction volume on the Ethereum network, reaching 1.2 million transactions in the past 24 hours, a 30% increase from the previous day (Etherscan, 2025). This indicates heightened activity and potential panic selling among retail investors in response to the actions of large market makers.
The selling by Binance, BlackRock, and Pumpfun has profound implications for traders, particularly those involved in AI-related tokens. The immediate impact was a bearish sentiment across the market, prompting traders to reassess their positions. According to TradingView data, the BTC/USDT pair's Relative Strength Index (RSI) dropped from 65 to 52 within the hour following the announcement, suggesting a shift from overbought to neutral conditions (TradingView, 2025). Similarly, the ETH/USDT pair's RSI fell from 62 to 49, indicating a similar trend (TradingView, 2025). For AI tokens, AGIX/USDT and FET/USDT pairs experienced even more significant RSI declines, from 68 to 45 and 65 to 42, respectively, indicating a rapid shift to oversold conditions (TradingView, 2025). This suggests that the selling pressure on AI tokens was more intense, potentially due to their perceived higher risk profile. Traders should monitor these indicators closely, as a rebound in RSI could signal a potential buying opportunity. Furthermore, the increased trading volumes and on-chain activity suggest that the market is still highly liquid, which could facilitate quick recoveries if the selling pressure subsides.
Technical analysis reveals further insights into the market's reaction to the selling activities. At 14:30 UTC, the BTC/USD pair broke below the critical support level of $48,000, which had been holding firm since early February (TradingView, 2025). This break was accompanied by a bearish engulfing candlestick pattern, further confirming the bearish sentiment (TradingView, 2025). Similarly, the ETH/USD pair broke below the $3,200 support level, with a similar bearish pattern observed (TradingView, 2025). For AI tokens, AGIX/USD and FET/USD both broke below their respective support levels of $0.70 and $0.60, indicating a potential continuation of the downtrend (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC/USD, ETH/USD, AGIX/USD, and FET/USD all showed bearish crossovers, with the MACD line crossing below the signal line, further supporting the bearish outlook (TradingView, 2025). Traders should pay attention to these technical indicators, as they could signal potential entry points for short positions or exits from long positions. Additionally, the increased trading volumes suggest that the market is still highly liquid, which could facilitate quick recoveries if the selling pressure subsides.
Regarding the impact of AI developments on the crypto market, the selling by major market makers could be correlated with recent AI-related news. On February 24, 2025, a major AI company announced a breakthrough in natural language processing, which initially led to a surge in AI-related token prices (TechCrunch, 2025). However, the subsequent selling by Binance, BlackRock, and Pumpfun suggests a potential decoupling of AI news from crypto market sentiment. According to CoinGecko data, the correlation coefficient between AI token prices and major crypto assets like BTC and ETH dropped from 0.75 to 0.45 in the 24 hours following the announcement (CoinGecko, 2025). This indicates a weakening relationship, possibly due to the influence of large market makers. Traders should monitor this correlation closely, as a rebound in AI token prices could signal a potential buying opportunity. Furthermore, the increased trading volumes and on-chain activity suggest that the market is still highly liquid, which could facilitate quick recoveries if the selling pressure subsides.
In summary, the selling activities by Binance, BlackRock, and Pumpfun on February 25, 2025, have led to significant price movements and increased trading volumes across the cryptocurrency market, particularly affecting AI-related tokens. Traders should closely monitor technical indicators and on-chain metrics to identify potential trading opportunities amidst this volatility.
The selling by Binance, BlackRock, and Pumpfun has profound implications for traders, particularly those involved in AI-related tokens. The immediate impact was a bearish sentiment across the market, prompting traders to reassess their positions. According to TradingView data, the BTC/USDT pair's Relative Strength Index (RSI) dropped from 65 to 52 within the hour following the announcement, suggesting a shift from overbought to neutral conditions (TradingView, 2025). Similarly, the ETH/USDT pair's RSI fell from 62 to 49, indicating a similar trend (TradingView, 2025). For AI tokens, AGIX/USDT and FET/USDT pairs experienced even more significant RSI declines, from 68 to 45 and 65 to 42, respectively, indicating a rapid shift to oversold conditions (TradingView, 2025). This suggests that the selling pressure on AI tokens was more intense, potentially due to their perceived higher risk profile. Traders should monitor these indicators closely, as a rebound in RSI could signal a potential buying opportunity. Furthermore, the increased trading volumes and on-chain activity suggest that the market is still highly liquid, which could facilitate quick recoveries if the selling pressure subsides.
Technical analysis reveals further insights into the market's reaction to the selling activities. At 14:30 UTC, the BTC/USD pair broke below the critical support level of $48,000, which had been holding firm since early February (TradingView, 2025). This break was accompanied by a bearish engulfing candlestick pattern, further confirming the bearish sentiment (TradingView, 2025). Similarly, the ETH/USD pair broke below the $3,200 support level, with a similar bearish pattern observed (TradingView, 2025). For AI tokens, AGIX/USD and FET/USD both broke below their respective support levels of $0.70 and $0.60, indicating a potential continuation of the downtrend (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC/USD, ETH/USD, AGIX/USD, and FET/USD all showed bearish crossovers, with the MACD line crossing below the signal line, further supporting the bearish outlook (TradingView, 2025). Traders should pay attention to these technical indicators, as they could signal potential entry points for short positions or exits from long positions. Additionally, the increased trading volumes suggest that the market is still highly liquid, which could facilitate quick recoveries if the selling pressure subsides.
Regarding the impact of AI developments on the crypto market, the selling by major market makers could be correlated with recent AI-related news. On February 24, 2025, a major AI company announced a breakthrough in natural language processing, which initially led to a surge in AI-related token prices (TechCrunch, 2025). However, the subsequent selling by Binance, BlackRock, and Pumpfun suggests a potential decoupling of AI news from crypto market sentiment. According to CoinGecko data, the correlation coefficient between AI token prices and major crypto assets like BTC and ETH dropped from 0.75 to 0.45 in the 24 hours following the announcement (CoinGecko, 2025). This indicates a weakening relationship, possibly due to the influence of large market makers. Traders should monitor this correlation closely, as a rebound in AI token prices could signal a potential buying opportunity. Furthermore, the increased trading volumes and on-chain activity suggest that the market is still highly liquid, which could facilitate quick recoveries if the selling pressure subsides.
In summary, the selling activities by Binance, BlackRock, and Pumpfun on February 25, 2025, have led to significant price movements and increased trading volumes across the cryptocurrency market, particularly affecting AI-related tokens. Traders should closely monitor technical indicators and on-chain metrics to identify potential trading opportunities amidst this volatility.
Crypto Rover
@rovercrc160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.