Crypto Whales on the Move: Which Coins Are Being Targeted and Sold?

Jakarta, Pintu News – Amidst volatile market fluctuations, the big players in the crypto world, often referred to as “whales”, exhibited diverse strategies over the weekend.

Ethereum (ETH), which has recently caught the market’s attention due to its price hikes, is the main focus. Some whales chose to sell their assets, while others strengthened their positions with massive purchases.

Check out the full data in this article!

Aggressive Selling by Whale

One whale with the address 0x3c9E continued its aggressive Ethereum (ETH) sales over the weekend. According to a report from Lookonchain, the whale has sold a total of 33,682 ETH worth around $119 million as of early August.

Arthur Hayes, Chief Investment Officer (CIO) of Maelstrom Fund, was not left out either, selling 2,373 ETH worth $8.32 million. In addition, Hayes also offloaded 7.76 million ENA worth $4.62 million and 38.86 billion Pepe Coin (PEPE) worth $414,700.

This selling strategy is most likely a profit-taking measure amid market uncertainty. This suggests that some whales may find it safer to secure their profits amid volatile market conditions.

Read also: How Does US Economic Data Affect Bitcoin (BTC) Price?

Another Whale’s Big Buyout

On the other hand, some whales are showing their confidence in the long-term value of Ethereum (ETH) by making large purchases. BeInCrypto reported that one whale had bought $300 million worth of ETH.

Furthermore, SharpLink Gaming acquired 30,755 ETH at an exchange rate of 108.57 million USDC. Currently, the company owns a total of 480,031 ETH which is worth approximately $1.65 billion.

OnChain Lens also reported that another whale received 25,540 ETH from FalconX. These purchases signal a strong belief in Ethereum’s (ETH) prospects despite short-term price fluctuations.

Read also: Fed Rate Cut Chance Increases, What Impact on the Economy?

Bitcoin Position Adjustment by Whale

In addition to Ethereum (ETH), Bitcoin’s (BTC) position has also been adjusted by the whales. Although the specific details regarding Bitcoin (BTC) transactions are not as much as Ethereum, it is clear that the whales are also weighing their position in this crypto asset.

These adjustments could be part of a larger strategy to optimize their portfolios amid the current market conditions. These adjustments show that the whales remain active in managing their crypto assets and do not hesitate to make strategic changes when necessary.

Conclusion

This weekend provided a clear picture of how crypto whales react to volatile market conditions. The diverse strategies – both selling and buying – show that each whale has a unique approach to dealing with market volatility. Going forward, it will be interesting to see how these strategies will affect the overall dynamics of the crypto market.

That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Crypto Whales: Divergent Strategies in Market Volatility. Accessed on August 5, 2025
• Featured Image: Generated by AI