{"id":40800,"date":"2025-08-06T15:46:58","date_gmt":"2025-08-06T15:46:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40800"},"modified":"2025-08-06T15:46:58","modified_gmt":"2025-08-06T15:46:58","slug":"eth-sell-off-whales-move-69m-as-taker-volume-plunges","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40800","title":{"rendered":"ETH Sell-Off? Whales Move $69M as Taker Volume Plunges"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Large ETH wallets sent $69M to exchanges, showing signs of positioning before potential selling.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Net taker volume dropped $418M, marking one of the sharpest sell imbalances in ETH history.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">ETF flow reversed after major outflows, with $73M added back amid shifting market sentiment.<\/span><\/li>\n<\/ul>\n<h2><b>Large Sell-Side Volume Raises Attention<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ethereum (ETH) recorded a sharp drop in taker activity, with daily Net Taker Volume falling to -$418.8 million, according to data from CryptoQuant. This means that around 115,400 more ETH were sold using market orders than bought on the same day.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, this kind of order flow suggests urgency from sellers who prioritized speed over price. Such deep negative values have not occurred often and are usually seen near market peaks. The imbalance signals that buyers were not able to match the volume coming from the sell side.<\/span><\/p>\n<figure id=\"attachment_407505\" aria-describedby=\"caption-attachment-407505\" style=\"width: 1600px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PnerBw7g_4ade16ab9a5ca400aa560adf3c6692e22209f53fe4253aa66145fc2399c8b36f.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-407505\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PnerBw7g_4ade16ab9a5ca400aa560adf3c6692e22209f53fe4253aa66145fc2399c8b36f.webp\" alt=\"ETH Net Taker Volume\" width=\"1600\" height=\"900\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PnerBw7g_4ade16ab9a5ca400aa560adf3c6692e22209f53fe4253aa66145fc2399c8b36f.webp 1600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PnerBw7g_4ade16ab9a5ca400aa560adf3c6692e22209f53fe4253aa66145fc2399c8b36f-300x169.webp 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PnerBw7g_4ade16ab9a5ca400aa560adf3c6692e22209f53fe4253aa66145fc2399c8b36f-1024x576.webp 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PnerBw7g_4ade16ab9a5ca400aa560adf3c6692e22209f53fe4253aa66145fc2399c8b36f-768x432.webp 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PnerBw7g_4ade16ab9a5ca400aa560adf3c6692e22209f53fe4253aa66145fc2399c8b36f-1536x864.webp 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/PnerBw7g_4ade16ab9a5ca400aa560adf3c6692e22209f53fe4253aa66145fc2399c8b36f-50x28.webp 50w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"><\/a><figcaption id=\"caption-attachment-407505\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/cryptoquant.com\/quicktake\/6892ebf4c6ca1832356aaf64-ETH-Dump-Alert-4188M-Net-Taker-Volume-Daily\" data-wpel-link=\"external\" target=\"_blank\">CryptoQuant<\/a><\/figcaption><\/figure>\n<h2><b>Whale Wallets Move Funds to Exchanges<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Two large ETH holders have moved a combined total of nearly $69 million to centralized exchanges within the past 24 hours. The wallet 0xc156 deposited 13,459 ETH to Binance, while 0x46DB sent 5,504 ETH to OKX.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Whales are selling <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a>.<\/p>\n<p>0xc156 deposited all 13,459 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a>($49M) to <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Binance<\/a> 20 minutes ago.<\/p>\n<p>0x46DB deposited 5,504 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a>($19.8M) to <a href=\"https:\/\/twitter.com\/hashtag\/OKX?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#OKX<\/a> in the past 16 hours.<a href=\"https:\/\/t.co\/zRG9Tn5pQ9\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/zRG9Tn5pQ9<\/a><a href=\"https:\/\/t.co\/FQe95DLj9R\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/FQe95DLj9R<\/a> <a href=\"https:\/\/t.co\/vmp4VKgS2r\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/vmp4VKgS2r<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1953007536988180975?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 6, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Transfers of this size often appear before increased sales. While not all deposits lead to sales, they usually indicate preparation to exit positions, especially during uncertain market conditions.<\/span><\/p>\n<h2><b>Price Remains Under Resistance After Trendline Break<\/b><\/h2>\n<p><a href=\"https:\/\/cryptopotato.com\/eth-open-interest-sees-dramatic-rise-3-5x-higher-than-2021-bull-run-levels\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Ethereum<\/span><\/a><span style=\"font-weight: 400;\"> is now trading close to $3,630, down roughly 1% in the last day and 4% over the week. After rising steadily in July, the price broke below a trendline that had supported the move up, as <\/span><a href=\"https:\/\/x.com\/CryptoPatel\/status\/1953029530748371167\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">outlined<\/span><\/a><span style=\"font-weight: 400;\"> by analyst Crypto Patel. A recent retest of this trendline failed, suggesting that sellers remain in control for now.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, the current setup shows the $3,800 level as key resistance. If the asset remains under this area, focus shifts to possible support around $3,147 and $2,913. These zones may offer buyers an entry point, especially if broader conditions stabilize.<\/span><\/p>\n<h2><b>ETF Activity Sends Mixed Signals<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ethereum ETFs <\/span><a href=\"https:\/\/x.com\/TedPillows\/status\/1953008391569166550\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">saw<\/span><\/a><span style=\"font-weight: 400;\"> new inflows of $73.3 million on Tuesday, following what had been a stretch of heavy withdrawals. Just days <\/span><a href=\"https:\/\/cryptopotato.com\/spot-ethereum-etfs-record-largest-ever-daily-outflow\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">earlier<\/span><\/a><span style=\"font-weight: 400;\">, products tied to ETH recorded a single-day outflow of $465 million, the largest so far.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consequently, this change in flow indicates a shift in sentiment. While retail buyers may have been cutting exposure, some recent buying could mean that some traders are setting up for a rebound. Overall flow extinction timing differences lead to uncertain short-term direction.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/eth-sell-off-whales-move-69m-as-taker-volume-plunges\/\">ETH Sell-Off? Whales Move $69M as Taker Volume Plunges<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Large ETH wallets sent $69M to exchanges, showing signs of positioning before potential selling. Net taker volume dropped $418M, marking one of the sharpest sell imbalances in ETH history. ETF flow reversed after major outflows, with $73M added back amid shifting market sentiment. Large Sell-Side Volume Raises Attention Ethereum (ETH) recorded a sharp drop [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40800","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40800"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40800\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}