According to glassnode, there is a significant cluster of investor cost basis levels around $2,800 for ETH. As Ethereum's price nears this critical zone, traders should watch for increased sell-side pressure, as many previously underwater holders may begin to liquidate positions to de-risk near their breakeven point. This dynamic could create short-term resistance and impact trading strategies in the cryptocurrency market. Source: glassnode (May 24, 2025).

According to Lookonchain, Ethereum OG '0x4fA0' became active after four years of inactivity, depositing 2,500 ETH (valued at $6.65 million) into Kraken just one hour ago (source: Lookonchain via Twitter, May 23, 2025). The wallet still holds 12,157 ETH ($32.35 million), indicating significant potential for future large-volume movements. Such whale activity is often closely watched by traders as large deposits to exchanges can signal potential sell pressure on ETH, impacting short-term market volatility and price action. Traders should monitor Kraken order books and on-chain flows for further activity from this address as it could influence ETH liquidity and price trends in the near term.

According to Lookonchain, Jeffrey Wilcke, the co-founder of Ethereum, deposited 105,737 ETH (approximately $262 million) into Kraken about 30 minutes ago, representing nearly his entire ETH holdings (source: Lookonchain, May 20, 2025). This is the largest single transfer Wilcke has made since November 28, 2024, when he last sent ETH to Kraken at a price of $3,625 per ETH. Large-scale deposits by early Ethereum insiders to exchanges have historically signaled potential sell pressure and increased volatility for ETH in the short term. Traders should closely monitor ETH price movements and order book liquidity on exchanges, as significant insider transfers often precede heightened market activity and possible downward price action. Tracking on-chain data and exchange inflows remains crucial for anticipating short-term ETH trends.

According to @ai_9684xtpa on Twitter, a major Ethereum whale who acquired 76,000 ETH during the 2015 ICO has completed the liquidation of their holdings by depositing the final 1,900 ETH (worth $4.44 million) into Kraken four hours ago. Since April 30, this address has sold a total of 27,000 ETH, amounting to $52.64 million, as confirmed by on-chain data from intel.arkm.com. This significant offloading by early investors may increase short-term sell pressure on ETH, impacting market liquidity and causing traders to closely monitor exchange inflows for further price movements (source: @ai_9684xtpa, Gateio, intel.arkm.com).

According to Ai 姨 (@ai_9684xtpa), a whale who accumulated 19,992 ETH at an average price of $2,550 since January 2024 transferred 2,981 ETH (valued at $5.42 million) to Binance two hours ago. If this ETH is sold at current prices, the whale would incur a realized loss of $2.185 million. This is the first major deposit from this wallet to Binance in a month, with the ETH recently withdrawn from Ether.fi over the past five days. Traders should monitor this address for further sell activity as large transfers to exchanges often signal increased sell pressure in the short term (Source: @ai_9684xtpa, Twitter).