Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Bitcoin to Add Zero? ‘$1 Million BTC’ Advocate Mow Says Yes

04/08/2025

Ethereum Price Prediction – ETH Price Estimated to Reach $ 4,181.83 By Aug 01, 2025

04/08/2025

Philippines to secure government documents on Polygon despite network outage

04/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin to Add Zero? ‘$1 Million BTC’ Advocate Mow Says Yes

    04/08/2025

    Bitcoin Rockets 1,724% in Abnormal Liquidation Imbalance

    04/08/2025

    Bitcoin (BTC) to Hit $200,000? Elliott Wave Pattern Breakdown

    04/08/2025

    Bitcoin (BTC) up 3,900,000% Since First Ever TV Mention

    04/08/2025

    Ethereum Price Prediction – ETH Price Estimated to Reach $ 4,181.83 By Aug 01, 2025

    04/08/2025

    F2Pool Co-founder’s Intriguing $19.2M Move to Binance

    04/08/2025

    Ethereum climbs above $3,900 as Sharplink acquires another 77.2K ETH 

    04/08/2025

    ETH Blasts Past $3,900 As Bulls Eye $4,089 Liquidity Zone

    04/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    03/08/2025

    Ethereum Collections Lead NFT Sales Today

    03/08/2025

    how NFTs became a global brand and a Web3 “social currency”

    02/08/2025

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    02/08/2025

    Bitcoin to Add Zero? ‘$1 Million BTC’ Advocate Mow Says Yes

    04/08/2025

    Ethereum Price Prediction – ETH Price Estimated to Reach $ 4,181.83 By Aug 01, 2025

    04/08/2025

    Philippines to secure government documents on Polygon despite network outage

    04/08/2025

    Bitcoin Rockets 1,724% in Abnormal Liquidation Imbalance

    04/08/2025
  • Blockchain

    Philippines to secure government documents on Polygon despite network outage

    04/08/2025

    GOAT Network Bets on Fast ZK Proofs to Capture Bitcoin Layer 2 Yield

    04/08/2025

    Polkadot Blockchain Academy Launches Executive Blockchain Governance Course in Asia

    04/08/2025

    Stablecoins Speed Up Thanks to ‘AWS of Crypto’ Alchemy’s Latest Upgrade

    04/08/2025

    Visa Expands Settlement Platform to Stellar, Avalanche, Adds Support for 3 Stablecoins

    04/08/2025
  • DeFi

    Creative leverage solves the impermanent loss problem — Curve founder

    03/08/2025

    Lido wants to reduce its contributor teams’ workforce by 15%

    03/08/2025

    Spheron Adds Allora for No-Code AI Automation in DeFi

    03/08/2025

    Strobe Finance Launches on Axelar Network to Power DeFi Capabilities, Cross-Chain Interoperability

    02/08/2025

    Chainlink introduces new pricing methodology for DEX-traded assets

    02/08/2025
  • Metaverse

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025

    The Sandbox Launches Largest LAND Auction Using GBM Protocol

    21/07/2025

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025
  • Regulation

    Western Union Eyes Stablecoins as Remittance Giants Face Outward Pressure

    03/08/2025

    Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto?

    03/08/2025

    Strategy Reveals Another Stock Offering to Boost $71 Billion Bitcoin Stash

    03/08/2025

    Robinhood CEO Acknowledges OpenAI Crypto Stock ‘Controversy’—But Is Doubling Down

    03/08/2025

    Why Dave Portnoy Fumbled His XRP Bag Before the Boom

    03/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Wallet Launches DEX Pro Mode: Details

    03/08/2025

    Does Kraken’s fundraise value Binance above $100B?

    03/08/2025

    OKX’s $28.8b reserves are flawless. So why are Bitcoin holders fleeing?

    03/08/2025

    Coinbase outlooks are mixed ahead of Q2 earnings

    03/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    The Biggest Games Releasing in August 2025

    03/08/2025

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    02/08/2025

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    01/08/2025

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    31/07/2025

    Bitcoin Miners’ Profit Margin Reaches Highest Level in Recent Times – What Does This Mean?

    04/08/2025

    Bitcoin Mining Is Tougher Than Ever — So Why Are Miners Smiling?

    04/08/2025

    Bitcoin mining difficulty hits all-time high

    03/08/2025

    Bitcoin Miners Raked in $1.66B in July—Best Haul Since April 2024 Halving

    03/08/2025

    Tornado Cash Developer Roman Storm Will Not Take the Stand, Lawyers Say

    04/08/2025

    Chinese Exec Jailed for Laundering $19.5M Through Crypto Mixers, Exchanges

    04/08/2025

    Expert Shares Fresh Timeline as SEC Yet To Withdraw Appeal

    04/08/2025

    Hong Kong to begin 6-month transition period for new stablecoin rules

    04/08/2025

    Bitcoin to Add Zero? ‘$1 Million BTC’ Advocate Mow Says Yes

    04/08/2025

    Ethereum Price Prediction – ETH Price Estimated to Reach $ 4,181.83 By Aug 01, 2025

    04/08/2025

    Philippines to secure government documents on Polygon despite network outage

    04/08/2025

    Bitcoin Rockets 1,724% in Abnormal Liquidation Imbalance

    04/08/2025
  • MarketCap
NBTC News
Home»Ethereum»Whales Go on Massive ETH Buying Spree as Price Jumps Above $3,600
Ethereum

Whales Go on Massive ETH Buying Spree as Price Jumps Above $3,600

NBTCBy NBTC10/04/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


A recent report shared by the @spotonchain analytics account shows that several Ethereum whales have begun stocking up on ETH despite the fact that the coin’s price has printed a massive 6% rise over the past three hours.

The sudden Ethereum price growth is likely due to the Bitcoin price surge, which has finally regained the $72,000 level. At the time of this writing, the second largest cryptocurrency, Ethereum, is changing hands at $3,620, after printing three consecutive green candles on an hourly chart. The biggest of them pushed ETH up 3.64%.

Ethereum buying spree unleashed, pushing ETH price up

Two recent posts by the aforementioned on-chain data providing account on X/Twitter show that several anonymous whales have purchased staggering amounts of ETH before it proceeded with its surge going up above $3,410.

Over the past 14 hours, two whales have purchased 10,322 ETH, paying $35.1 million in stablecoins. One whale, according to the tweet, used eight different wallets to buy approximately 6,145 ETH at roughly $3,395 per coin within the last nine hours. The other one bought 4,178 ETH for 14.25 million DAI, while ETH still traded at $3,410 – that happened approximately 14 hours ago.

Whales are buying $ETH on chain!

In the past 14 hours, two whales have spent a total of $35.11M in stablecoins to buy 10,322 $ETH, allegedly pumping the price above $3,400, including:

1. 8 wallets (likely one entity) spent 20.86M $USDT to buy 6,145 $ETH at ~$3,395 in the past 9… pic.twitter.com/jatHgGkKhA

— Spot On Chain (@spotonchain) April 8, 2024

The @spotonchain account believes that these massive purchases may have contributed to Ethereum’s price surge.

Aside from those two anonymous wallets, two other whales have grabbed a significant amount of Ethereum several hours ago. Whales -0x666 and -0x435 grabbed a total of 11,675 ETH together from Binance after purchasing it at roughly $3,455 per coin. This amount of Ethereum is evaluated at $40.28 million in fiat.

However, while some whales are stocking up on Ethereum, there is someone who decided to make some profit on selling it. According to a tweet published by on-chain data provider @PeckShieldAlert, an address that resembles that of the Ethereum Foundation has dumped 100 ETH, selling it for 345,000 DAI stablecoins.

#PeckShieldAlert 0xbC9a…fbC3 (#Ethereum Foundation?) has swapped 100 $ETH for 354K $DAI pic.twitter.com/5DjQNtkVXV

— PeckShieldAlert (@PeckShieldAlert) April 8, 2024

Ethereum surging to follow Bitcoin’s spike

The major surge of Ethereum watched by the market today likely resulted from the sudden price outbreak made by the world’s leading cryptocurrency, Bitcoin. Over the past few hours, BTC has printed three consecutive green candles, soaring to top the $72,000 level.

By now, however, the price slumped a little, losing nearly $1,000.


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Ethereum Price Prediction – ETH Price Estimated to Reach $ 4,181.83 By Aug 01, 2025

04/08/2025

F2Pool Co-founder’s Intriguing $19.2M Move to Binance

04/08/2025

Ethereum climbs above $3,900 as Sharplink acquires another 77.2K ETH 

04/08/2025

ETH Blasts Past $3,900 As Bulls Eye $4,089 Liquidity Zone

04/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Bitcoin to Add Zero? ‘$1 Million BTC’ Advocate Mow Says Yes

04/08/2025

Ethereum Price Prediction – ETH Price Estimated to Reach $ 4,181.83 By Aug 01, 2025

04/08/2025

Philippines to secure government documents on Polygon despite network outage

04/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.