{"id":58506,"date":"2025-11-14T11:31:47","date_gmt":"2025-11-14T11:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58506"},"modified":"2025-11-14T11:31:47","modified_gmt":"2025-11-14T11:31:47","slug":"eth-crashes-10-smart-money-piles-in-as-whales-and-institutions-double-down","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58506","title":{"rendered":"ETH Crashes 10%, Smart Money Piles In as Whales and Institutions Double Down"},"content":{"rendered":"
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Ethereum (ETH) dropped sharply over the past 24 hours, losing nearly 10% to trade below $3,200. The latest plunge extended a week-long decline that has pressured the broader cryptocurrency market.<\/p>\n

Despite the downturn, accumulation continued across multiple wallets.<\/p>\n

Stealth Accumulation Wave<\/h2>\n

Lookonchain reported that BitMine Immersion Technologies, the Ethereum-focused digital asset treasury (DAT) firm led by Wall Street strategist Thomas Lee, remains active in the market. The on-chain analytics platform identified a new wallet, likely linked to the company, receiving<\/a> 9,176 ETH from the Galaxy Digital OTC wallet. This stash is worth around $29.14 million.<\/p>\n

Ethereum longs have also been increasing, particularly among high-profile investors. Taiwanese music celebrity and digital asset investor Jeffrey Huang, known on-chain as \u201cMachi Big Brother,\u201d along with his brother \u201cMachi Small Brother,\u201d are both long ETH and currently in the red.<\/p>\n

As prices fell, Machi Big Brother added 7,400.7 ETH (worth $23.55 million) on Hyperliquid with a liquidation price of $3,040.6, while Machi Small Brother deposited<\/a> 5,000 ETH (valued at $15.9 million) and additional margin to avoid liquidation, with a liquidation price of $2,794.71.<\/p>\n

Meanwhile, another whale investor 66kETHBorrow added<\/a> another 16,937 ETH, which is worth $53.91 million, raising total purchases to 422,175 ETH, around $1.34 billion. These transactions indicate continued institutional and whale accumulation despite Ethereum\u2019s recent sharp decline.<\/p>\n

Mixed ETH Holder Behavior Emerges<\/h2>\n

Crypto analyst Ali Martinez reported<\/a> that 2.53 million ETH were bought at around $3,150, which essentially means that this level has become a strong support zone as buyers stepped<\/a> in heavily during the recent price drop. However, not all investor cohorts are reacting the same way to the price drop.<\/p>\n

Glassnode\u2019s latest analysis shows<\/a> that long-term Ethereum holders have sharply increased their spending activity during the recent market pullback. Since late August, as ETH retreated from its peak, wallets holding ETH for 3 to 10 years have accelerated their average daily distribution to more than 45,000 ETH per day based on the 90-day simple moving average. This surge is the highest spending level from seasoned investors since February 2021, which indicates that a segment of long-term holders is taking profits or reallocating as market conditions weaken.<\/p>\n

The post ETH Crashes 10%, Smart Money Piles In as Whales and Institutions Double Down<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ethereum (ETH) dropped sharply over the past 24 hours, losing nearly 10% to trade below $3,200. The latest plunge extended a week-long decline that has pressured the broader cryptocurrency market. Despite the downturn, accumulation continued across multiple wallets. Stealth Accumulation Wave Lookonchain reported that BitMine Immersion Technologies, the Ethereum-focused digital asset treasury (DAT) firm led […]<\/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-58506","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\/58506","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=58506"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58506\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}