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Home»Altcoins»Bitcoin whales switch to Ether in spite of $5 B ETH exit queue

Bitcoin whales switch to Ether in spite of $5 B ETH exit queue

Altcoins By Gavin29/08/2025
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Lead Teases Multiple July Announcements
Lead Teases Multiple July Announcements
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Ether is the price at which Bitcoin whales are buying more.

Markets move up and down “natural rotation” EtherETHNicolai Silbergaard is a research analyst for crypto intelligence platform Nansen. He spoke to Cointelegraph about the potential of cryptocurrencies like.

It is a fact that the investor rotation of capital has increased despite growing concerns about incoming pressure. This was due to Thursday’s Ethereum validator queue, which reached a new record of almost $5 billion in ETH tokens, pushing withdrawal time to a historic 18 days and 16 hours.

A massive shift in investor mindset can be partly attributed to the massive $11 billion whaleWhich rotated over $2.59 billion Bitcoins (BTCCointelegraph reports that ) entered a $2.2 Billion spot Ether position and a perpetual long $577 Million, locking $33 Million in profit for the long perps on Monday.

Crypto whales spend $456M on Ether “natural rotation” Bitcoin

Analysts point out that investors are shifting their attention to altcoins which have a higher upside potential.

Nineteen “massive” Whale addresses purchased a total of $456,000,000 worth of Ether.ETHArkham’s blockchain platform said that it received data (including Bitgo, Galaxy Digital and other sources) on Tuesday. post.

Growing whale demand signals the cryptocurrency market’s future. “natural rotation” Nicolai Seidgaard is a research analyst for crypto intelligence platform Nansen. He says that Ether, and altcoins, have a higher upside potential.

“A lot of this looks like natural rotation, investors locking in profits from Bitcoin’s run and moving into other tokens to catch potential upside,” Cointelegraph quoted the expert as saying:

“Ether in particular is benefiting because it has strong current mindshare and momentum from Ether treasury companies.”

The recent movements of the Ether Whale are “notable,” You can also find out more about the following: “broader trend is simply that flows are spreading out beyond Bitcoin as market participants look for the next move,” Analyst said:

Source: Arkham

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Ethereum sell-off reaches a record of $5 billion ETH

Ethereum has seen the biggest validator exodus ever in cryptocurrency history. Over 1,000,000 Ether tokens are currently waiting to be removed from Ethereum’s Proof-of-Stake (PoS).

Ethereum’s queue of exit has exceeded 1,000,000 EtherETH( worth $4.96 million on Thursday. The amount of Ether that the network has set aside for withdrawal. validatorsIt is the. This group of people are responsible for the addition of new blocks as well as the verification and validations in blocks proposed. Their role plays a key part in the operation of the Blockchain network.

This mass exodus extended the waiting period for validator exits to an all-time high of 18 days, 16 hours. according Data from blockchain validatorqueue.com.

Ether is up 72% in the past 3 months. This does not necessarily mean all validators will be selling. However, it may indicate that a large portion of their almost $5 billion holdings are being sold.

Ether validator queue. Source: validatorqueue.com

“The exit queue hitting 1 million ETH reflects healthy market dynamics rather than a cause for concern,” Marcin Kazmierczak told Cointelegraph that he is co-founder at RedStone Blockchain oracle, and added:

“What’s crucial to understand is that these exits pale in comparison to the institutional capital flowing into Ethereum.”

You can also find out more about the following: “unprecedented demand” The validator sales will be based on the public vehicle such as treasury companies and exchange traded funds. “easily absorbed by this institutional appetite,” He said.

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Blockchain tokenization prevents 394M tons of CO₂ in $32B ESG effort

Wealth tokenization platform Arx Veritas and tokenization infrastructure firm Blubird are using blockchain technology to prevent almost 400 million tons of CO₂ emissions, marking a record for the digital asset tokenization industry.

Blubird’s Redbelly Network is a platform that allows companies to tokenize Emission Reductions Assets worth up to $32 billion. “new standard” For the tracking and financing of sustainability efforts.

The tokenized assets include capped oil wells and coal mines, representing over 394 million tons of prevented CO₂ emissions, marking the largest tokenization effort aligned with the Environmental, Social and Governance (ESG) framework. 

The 394 million tons of prevented CO₂ emissions are attributed to two sources: the extraction, processing, shipping and burning of coal that would have been used, along with the pollutants prevented by capping abandoned oil wells.

The prevented emissions are the equivalent of almost 395 million round-trip flights from New York to London, or 986 billion miles driven by an average passenger car, or 105 times the yearly CO₂ emissions of Iceland.

Bluebird is seen “strong institutional demand for the tokenization of ESG-aligned assets, with more than half a billion dollars’ worth of transactions under negotiation and a major institutional purchase nearing completion,” The firm shared an announcement with Cointelegraph on Thursday.

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Kanye West’s token YZY: 51,000 traders have lost $74M while 11 made $1M

Kanye West’s memecoin recently introduced by Kanye West has seen more than 51,000 losses, which highlights the risks associated with trading tokens endorsed by celebrities that have no inherent technological value.

It is important to note that the word “you” means “person”. Kanye West-linked The YZY coin was first launched on Solana’s blockchain on August 21. The token gained 1,400% in the first half hour, before dropping by over 80%.

According to Blockchain data platform Bubblemaps, of the 70 200 traders who purchased the token endorsed by celebrities, over 51 800 realized losses. Three traders lost more than $1 million.

“Meanwhile, 11 wallets made $1M+,” Write Bubblemaps on a Wednesday post.

Only 11 of 70,000 wallets out of all the traders generated more than $1 million profit. 99 of them generated at least $100,000.

Source: Bubblemaps

Data from Blockchain intelligence platform shows that the YZY token’s value is now down by over 80% compared with its previous high. It currently trades at $0.5515, and only 19,531 people hold the token. Nansen shows.

YZY/USD, all-time chart. Source: Nansen

Former kickboxing champion Andrew Tate Was among those traders who wanted to benefit from the token that was endorsed by rapper. Tate, who opened an 3x leveraged short Cointelegraph published a report on Friday that YZY was the token used in the Tate Hyperliquid account. This led to a $700,000 total loss. 

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Arthur Hayes’ prediction of a Tokyo 126x rise in hyperliquid prices

Arthur Hayes, the crypto-entrepreneur who spoke in Tokyo Monday, said that he expected the native token of Hyperliquid, the decentralized derivatives trading exchange, to grow 126x within the next 3 years.

Hyperliquid (HYPE), which had gained nearly 4% in the past 24 hours, was currently trading at $45.64 when this article was written. It briefly traded above $47 during the morning. 

BitMEX founder Arthur Hayes Hayes made his prediction at the WebX2025 conference in Tokyo. Hayes predicted that stablecoins would be a major factor in the growth of cryptocurrency. DEX’s From its current revenue of $1.25 billion per year, the annualized fee would be $258 billion. 

Hyperliquid, which is a decentralized platform for perpetual derivatives (contracts with no expiry dates), allows traders to leverage their positions without actually owning the crypto asset.

Arthur Hayes at WebX2025 in Tokyo. Source: Alex Svanevik

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Overview of the DeFi Market

The data collected from Cointelegraph Markets Pro According to TradingView, the majority of the top 100 cryptocurrencies ranked by their market capitalization finished the week with a loss.

The OKBOKBAerodrome Finance token (AEROThe weekly chart shows that the token is down by over 15%.

Value locked up in DeFi Source: DefiLlama

Thank you for reading this summary of the most important DeFi news from last week. Next Friday, we’ll be back with more information and stories about this rapidly advancing field.