According to Ai 姨 (@ai_9684xtpa), a major ETH whale, potentially linked to Longling Capital, deposited 5,000 ETH worth $12.76 million to Binance an hour ago. This address has accumulated 55,800 ETH since May 2025 at an average price of $2,349 and currently holds 88,710.12 ETH valued at $228 million, with unrealized profits of $19.64 million. The recent large deposit may indicate an intent to sell, which could increase short-term selling pressure on the ETH market and affect overall crypto sentiment (Source: @ai_9684xtpa on Twitter).

According to Lookonchain, Jeffrey Wilcke, the co-founder of Ethereum, deposited 105,737 ETH (valued at approximately $262 million) into Kraken just 30 minutes ago, marking the transfer of nearly his entire ETH holdings. The last similar deposit occurred on November 28, 2024, when ETH was priced at $3,625. Large-scale transfers by core founders to exchanges are often interpreted by traders as potential precursors to significant sell-offs, which could increase short-term selling pressure and volatility for Ethereum prices. Crypto traders should closely monitor Kraken’s order books and ETH price movements for reactions to this major on-chain development. (Source: Lookonchain, Intel.arkm.com)

According to Lookonchain, a whale withdrew 6,053 ETH valued at $15.66 million from the crypto exchange OKX nine hours ago (source: Lookonchain Twitter, intel.arkm.com). Such significant on-chain withdrawals often indicate a shift towards long-term holding or potential movement to DeFi or cold storage, which traders interpret as a signal of bullish sentiment for Ethereum. Historically, large whale withdrawals from exchanges have preceded price increases due to reduced immediate selling pressure, making this event relevant for ETH price action and broader cryptocurrency market dynamics.

According to Ai 姨 (@ai_9684xtpa), Ethereum whale wallet 0x8f9...f55A0, who bought 15332 ETH at the previous local high of $3372 (totaling $51.7 million), has withdrawn 7665 ETH from StakeStone and deposited it into an exchange as ETH trades at $2400. If the whale sells at the current price, the realized loss would be approximately $7.33 million. Such large deposit activity from whales often increases selling pressure and can signal further downside risk for ETH traders. This move highlights short-term bearish sentiment and implies potential volatility for Ethereum price action. Source: Ai 姨 on Twitter, May 10, 2025.