According to Lookonchain, a major Ethereum whale capitulated by selling 7,000 ETH worth $16.88 million at a significant loss just one hour ago. The whale had previously withdrawn 13,479 ETH (valued at $48.82 million) from Binance between December 5, 2024, and January 13, 2025, at an average price of $3,622. The whale still holds 6,479 ETH, currently valued at $15.66 million, resulting in a total realized loss of $16.28 million. This large-scale liquidation underlines increasing selling pressure in the Ethereum market, signaling potential short-term downward volatility and heightened caution among large holders. Such whale capitulations often impact broader crypto sentiment and can trigger increased trading volumes and price fluctuations. (Source: Lookonchain, Twitter, May 19, 2025)

According to Lookonchain, an early Ethereum ICO participant sold another 5,200 ETH valued at $9.54 million within the past hour, adding to the 21,700 ETH ($38.9 million) liquidated since April 17, 2025. The average sale price of $1,792 suggests strategic profit-taking during recent market volatility. The whale still holds 8,300 ETH worth $15.28 million, signaling potential for further large-scale market transactions. This ongoing sell-off could increase short-term ETH supply and pressure prices, making it critical for traders to monitor whale wallets and on-chain activity for future moves (Source: Lookonchain, x.com/lookonchain).