This analysis reviews recent market activity in Ethereum, revealing a diversity of behavior from its major holders.
Wallet Behavior After Panic Selling
Recently, two wallets sold a combined 4,598 ETH in late June only to re-enter their positions days later at higher prices. This transaction incurred over $353,000 in realized losses for the sellers, reflecting current market emotions.
Dormant Whales Reawakening
Another wallet that had been inactive for 1.2 years suddenly withdrew 1,051 ETH (approximately $2.58M) from Binance. The lack of follow-up outflows leaves the owner’s intention unclear—whether to sell, stake, or simply reposition.
Ethereum Foundation's Financial Management
The Ethereum Foundation transferred 1,000 ETH (~$2.45M) to wallet 0xc061, which has received over 9,000 ETH ($22M) this month. Despite rumors of potential selling, data suggest it is a safe wallet used for internal operations.
Recent movements in Ethereum addresses indicate activity rather than market exits. These maneuvers warrant attention from traders and may signal strategic accumulation in the long run.
