BitcoinWorld ETH Whale Makes Massive $40.6M Ethereum Purchase A truly significant event just unfolded in the cryptocurrency world. An anonymous ETH whale has once again made headlines with a substantial acquisition. This investor recently purchased an additional 10,396 Ethereum (ETH), valued at an astounding $40.6 million. This particular large ETH purchase highlights the ongoing confidence some major players have in the second-largest cryptocurrency by market capitalization. What Drives This Consistent ETH Whale Activity? The latest transaction, reported by Lookonchain, occurred over the past two hours through the digital assets prime brokerage FalconX. However, this is not an isolated incident. This specific Ethereum whale has been exceptionally active in recent days, demonstrating a clear strategy of digital asset accumulation . Over the last four days, this whale established six new wallets. Through these wallets, they have systematically accumulated a staggering total of 171,015 ETH, which is worth approximately $667 million. These massive purchases were facilitated through prominent prime brokerages including FalconX, Galaxy Digital, and BitGo. Such consistent and significant crypto whale activity naturally sparks curiosity about the motivations behind these colossal moves. Understanding the Strategy Behind a Large ETH Purchase In the world of cryptocurrencies, a ‘whale’ refers to an individual or entity holding a very large amount of a particular digital asset. Their transactions are often large enough to influence market prices. When an ETH whale makes such a substantial large ETH purchase , it often signals a strong long-term conviction in Ethereum’s future trajectory. Several factors could drive such extensive digital asset accumulation : Long-Term Conviction: The whale may believe in Ethereum’s foundational technology and its role in the decentralized finance (DeFi) and NFT ecosystems. Anticipation of Growth: They might anticipate significant price appreciation due to upcoming network upgrades, increased adoption, or broader market bullishness. Strategic Positioning: Large players often position themselves ahead of anticipated market shifts, aiming to capitalize on future trends. Institutional Interest: While this specific whale is anonymous, such large-scale movements often reflect growing institutional interest and adoption of Ethereum. This ongoing Ethereum whale behavior suggests a deliberate, well-funded strategy rather than speculative short-term trading. How Does This Crypto Whale Activity Influence the Ethereum Market? The movements of an ETH whale can significantly impact market sentiment and dynamics. When a large amount of ETH is purchased and moved off exchanges into private wallets, it reduces the circulating supply available for trading. This reduction can, in turn, exert upward pressure on prices, assuming demand remains constant or increases. However, it is also crucial to remember that while digital asset accumulation by whales can signal confidence, it also introduces a degree of centralization. Future selling by such large holders could lead to significant price volatility. Therefore, market observers closely monitor crypto whale activity for insights into potential market shifts. Navigating Digital Asset Accumulation: Insights for Investors While the actions of an Ethereum whale are intriguing, individual investors should approach such news with a balanced perspective. It is tempting to follow the lead of large players, but their financial capacity and risk tolerance are vastly different. A large ETH purchase by a whale doesn’t guarantee future price increases or success for smaller investors. Here are some actionable insights: Do Your Own Research (DYOR): Base investment decisions on thorough research into Ethereum’s fundamentals, technology, and market conditions, not solely on whale movements. Understand Risk: Cryptocurrencies are volatile. Invest only what you can afford to lose. Diversify: Do not put all your eggs in one basket. Spread your investments across different assets to mitigate risk. Long-Term Vision: Consider Ethereum’s long-term potential rather than short-term price fluctuations influenced by a single ETH whale . The consistent digital asset accumulation by this anonymous entity underscores a bullish sentiment from a significant market participant. This whale’s actions provide a fascinating glimpse into the strategies of major players in the crypto space, reminding us of the substantial capital flowing into the Ethereum ecosystem. The ongoing accumulation by this anonymous ETH whale is a powerful testament to the perceived value and future potential of Ethereum. While their specific motivations remain private, their consistent and massive large ETH purchase activity clearly signals strong confidence in the asset. This trend of significant crypto whale activity is something all market participants watch closely, as it can offer valuable insights into the broader market sentiment and future directions of key digital assets. Frequently Asked Questions (FAQs) What is an ETH whale in the cryptocurrency market? An ETH whale is an individual or entity that holds a very large amount of Ethereum (ETH), often enough to significantly influence the market with their trades. Their large holdings make their transactions noteworthy for market analysts. How do large ETH purchases impact the Ethereum market? Large ETH purchases can reduce the circulating supply of Ethereum, potentially leading to upward price pressure if demand remains high. They can also boost market sentiment by signaling strong confidence from major investors, though future selling could introduce volatility. Is this recent digital asset accumulation a bullish sign for Ethereum? Generally, significant digital asset accumulation by an Ethereum whale is considered a bullish sign, as it suggests strong long-term confidence in the asset’s future price and utility from a well-capitalized entity. Should individual investors follow crypto whale activity? While observing crypto whale activity can offer insights into market sentiment, individual investors should not blindly follow these movements. It is crucial to conduct your own research, understand your risk tolerance, and make investment decisions based on your personal financial goals and market analysis. Where can I track large ETH purchases and whale movements? Several blockchain analytics platforms and crypto news outlets track large ETH purchases and other crypto whale activity. Tools like Lookonchain, Whale Alert, and Etherscan provide data on large transactions and wallet movements, helping observers monitor significant flows. If you found this article insightful, please consider sharing it with your network! Your support helps us continue providing valuable updates on the exciting world of cryptocurrencies. Share on Twitter, Facebook, or LinkedIn! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post ETH Whale Makes Massive $40.6M Ethereum Purchase first appeared on BitcoinWorld and is written by Editorial Team
Ethereum surged past $3,900 on Friday, driven by a wave of fresh institutional interest and record-breaking flows into ETH-focused treasuries and ETFs. It briefly reached $3,952 before easing to around $3,909 by 2:20 am ET. Analysts believe a test of the $4,000 mark could be imminent. The rally follows a $200m stock offering from SharpLink Gaming , which said it will use the proceeds to expand its Ethereum treasury. Once deployed, the new ETH reserves could push SharpLink’s holdings to more than $2b, making it one of the largest corporate holders of the asset. The company revealed that four institutional investors have committed to buying shares in an at-the-market offering priced at $19.50. SharpLink’s existing ETH treasury stands at over 521,000 tokens, currently worth more than $2b, according to data from BuyBitcoinWorldwide. NEW: SharpLink raises $200M in a direct offering led by four global institutional investors at $19.50/share This capital will be used to expand our Ethereum treasury, expected to surpass $2B upon full deployment At SharpLink, our mission is simple: Accumulate ETH. Stake ETH.… pic.twitter.com/ABv7CH9Cqt — SharpLink (SBET) (@SharpLinkGaming) August 7, 2025 Fundamental Global Eyes Ethereum With $5B Filing as Corporate Holdings Climb Additionally, Fundamental Global also filed a $5b shelf registration with the SEC to build its own ETH-focused treasury. The firm joins a growing list of companies betting on Ethereum as a balance sheet asset. Bitmine Immersion Technologies remains the largest public holder, with 833,133 ETH valued at $3.27b. Coinbase holds around 136,000 ETH, while other US-based firms like Bit Digital and BTCS round out the top five. In total, 17 public companies now collectively hold more than 1.74m ETH, valued at nearly $6.9b. Buterin Sees Value in ETH Treasuries, Flags Potential Liquidation Risks Ethereum co-founder Vitalik Buterin has welcomed this trend with cautious optimism. On a recent podcast, he said ETH treasuries offer “valuable services” by giving investors more access and flexibility. However, he warned that aggressive leverage could lead to severe liquidations if not managed responsibly. “If you woke me up three years from now and told me that treasuries led to the downfall of ETH, then, of course, my guess for why would basically be that somehow they turned it into an overleveraged game,” Buterin said. Are ETH Treasuries good for Ethereum? @VitalikButerin thinks they can be: “ETH just being an asset that companies can have as part of their treasury is good and valuable… giving people more options is good.” But he also issues a warning: “If you woke me up 3 years from now… pic.twitter.com/W55oUD7Lke — Bankless (@BanklessHQ) August 7, 2025 BlackRock’s ETHA Tops $11B in Assets After $100M Single-Day Inflow At the same time, US-listed ETH ETFs have seen record inflows. SoSoValue data shows that cumulative net inflows have hit $9.35b across funds from issuers like BlackRock, Grayscale, and Fidelity. The BlackRock-backed ETHA ETF alone absorbed over $100m on Thursday, helping push its net assets past $11b. Grayscale’s main ETH trust, now with $25.1b in net assets, recorded a daily price gain of over 5%. Bitwise, VanEck and Franklin also saw modest but steady inflows as investor appetite grew. Riya Sehgal, a research analyst at Delta Exchange, noted that the high trading volume indicates solid buying interest, driving the price above $3,900. “With $222.3 million in ETF inflows and Ethereum dominance climbing above 12%, the market is clearly seeing capital rotation from Bitcoin into ETH,” she told Cryptonews. “As long as Ethereum holds above $3,840, the short-term outlook remains bullish, with $4,000–4,050 as the next potential target zone.” With ETF flows accelerating and corporate treasuries scaling up, the market now appears primed for a strong finish to the quarter. Traders are watching the $4,000 resistance level as the next key milestone in Ethereum’s momentum-driven run. The post Ethereum Breaks $3,900 as ETH Treasury Demand Heats Up, Eyes $4,000 appeared first on Cryptonews .
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Panama, August 87, 2025 – HTX, a leading global crypto exchange, today announced the launch of its month-long Copy Trading Extravaganza. This campaign, which celebrates the platform’s 12th anniversary, aims to accelerate the adoption of copy trading as a next-generation trading tool. In an increasingly fast-paced and volatile market environment, crypto users are looking beyond standard features and demanding smarter, more accessible ways to trade. HTX’s copy trading product delivers just that, offering a transparent, efficient, and mutually beneficial ecosystem for both newcomers and professional traders. Beginners can automatically mirror the real-time, top-performing strategies while lead traders can earn considerable returns from their followers. A Win for Everyone: Users, Traders, and the Platform HTX’s copy trading offers a seamless, one-stop futures trading experience that is transparent, efficient, and secure. Users can browse and follow seasoned traders with a single click without the need for manual execution or in-depth market analysis. This enables even beginners to tap into expert strategies and capture market opportunities and potentially achieve the same returns as professional traders. At the core of HTX’s copy trading system is a profit-sharing model that allows professional traders to earn a commission from their followers’ profits. This feature has been highly effective in attracting skilled traders, building a more dynamic, liquid trading environment that benefits everyone. Strong Performance, Expanding Market Potential HTX’s copy trading maintained robust momentum in Q2 2025, with trading volume reportedly rising 17.5% quarter-over-quarter and capital inflow from followers increasing by 18.7%. Additionally, the number of profitable traders on the platform also saw a significant uptick, underscoring strong user demand for curated, strategy-driven trading experiences. Copy trading is unlocking a new blue ocean in crypto, lowering the barrier to entry while amplifying professional influence of elite traders. For the platform, copy trading drives stronger user stickiness and enhances differentiated competitiveness. 12th-Anniversary Campaign Details: $130,000 Up for Grabs Running from 10:00 August 7 to 10:00 September 4 (UTC), the month-long Copy Trading Extravaganza features a $130,000 prize pool designed to reward both elite traders and their followers. Register for the event now>> 20,000 USDT Prize Pool for Lead Traders ● Active Trader Bonus: Lead traders can share a 10,000 USDT prize pool by meeting the following requirements during the event: leading trades for at least 10 days, completing 30 or more total trades, and maintaining an average margin per trade greater than 10 USDT. ● Yield Bonus: Lead traders whose followers’ total profits exceed 500 USDT will share a 10,000 USDT prize pool, with rewards distributed proportionally to their followers’ total PnL. Become a lead trader now to earn 25% profits shared>> 110,000 USDT Prize Pool for Followers ● 100% Loss Compensation for Your First Copy Trade : Participants will receive compensation if their first copy trade is liquidated. The maximum compensation is 100 USDT per trade. ● Earn a Bonus for Following Multiple Traders : During the event, follow 2 or more traders and achieve a cumulative copy trading volume of over 50,000 USDT to get a 50 USDT bonus. According to platform data, over 1,000 users have participated in copy trading in the past 30 days, generating more than 1.8 million USDT in cumulative profits. The rising engagement and profitability validate the product’s growing traction and potential. HTX: Advancing Smart, Intuitive Trading As HTX celebrates its 12th year of global operations, it remains committed to enhancing user-first innovations across products, trading experience, and ecosystem building. Copy trading is quickly becoming a pillar of the platform’s product suite, with ongoing iterations to improve strategy transparency, convenience, and risk management. Through the campaign, users can reap rewards while enjoying a more efficient, intelligent, and reliable trading experience. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . The post HTX Launches Month-Long Copy Trading Extravaganza with $130,000 Rewards: Fueling a Win-Win Trading Experience first appeared on HTX Square .
Significant Bitcoin transfer raises curiosity in the crypto market. Old wallets show increased transfer activity recently. Continue Reading: Massive Bitcoin Transactions Trigger Market Buzz and Speculation The post Massive Bitcoin Transactions Trigger Market Buzz and Speculation appeared first on COINTURK NEWS .
United States President Donald Trump has taken an important step against banking practices targeting the cryptocurrency sector. President Trump aims to end what he calls “unfair” practices by federal regulators against financial institutions working with the cryptocurrency sector with the new executive order he signed today. “The digital assets industry has been targeted by unfair banking disruptions. Such practices undermine public trust in the banking system and regulators, jeopardize livelihoods, freeze wages, and impose serious economic burdens on honest Americans,” the White House said in a memo. The decree removes the concept of reputational risk, which the US Federal Reserve uses in banking oversight, from its oversight criteria. This concept refers to the possibility that institutions will lose customers or experience a decline in revenue due to negative press or public perception. While this term isn't limited to crypto, industry representatives have argued that this rationale is being used to target crypto companies. Related News: BREAKING: Ethereum Craze Continues - Nasdaq-Listed Company Makes $5 Billion ETH Move The Trump administration's decision follows recent complaints from crypto companies and individuals about banks closing their accounts without justification. Trump fulfilled his promise to end this practice, officially ending what the industry dubbed “Operation Choke Point 2.0.” The term “Operation Choke Point 2.0” was coined in 2023 by Castle Island Ventures co-founder Nic Carter and compared to the Obama-era “Operation Choke Point” of 2013. At the time, access to banking services was restricted to sectors deemed at high risk of fraud and money laundering. *This is not investment advice. Continue Reading: Donald Trump Signs Another Crypto-Friendly Executive Order
Binance has partnered with Mastercard to let European users convert crypto to fiat and withdraw funds directly to eligible Mastercard accounts. The new features offer faster and more convenient access to crypto earnings, improving off-ramping options. European Binance Users Can Now Off-Ramp Crypto Directly to Mastercard Binance has launched a new feature that allows European
Bitcoin took a symbolic step into the US central bank on Thursday as President Donald Trump nominated Dr. Stephen Miran, the White House Council of Economic Advisers chair, to fill a vacant seat on the Federal Reserve Board of Governors through January 31, 2026, pending Senate confirmation. The short-term appointment follows the early resignation of Governor Adriana Kugler and gives the White House an immediate voice at the Board while a longer-run personnel shuffle—most notably the question of who succeeds Chair Jerome Powell when his chairmanship ends on May 15, 2026—continues to loom. Miran’s résumé straddles markets and policy. Before becoming CEA chair, he served at Treasury during the pandemic and worked in macro investing; he has since published work proposing to overhaul Fed governance—arguing the central bank has drifted into “groupthink” and “excessive monetary accommodation.” In a 2024 Manhattan Institute report he and coauthors urged shorter Board terms, clarified presidential removal authority, more power for the Reserve Banks, and bringing the Fed’s budget under congressional appropriations—changes they say would deliver “better monetary outcomes” while restoring democratic accountability. Markets and macro watchers immediately tried to triangulate what Miran’s arrival means for the near-term policy mix. The practical impact could be bounded by the calendar—his term runs only through January 31, 2026, covering a handful of FOMC meetings—but the symbolism is not: the nomination lands as the White House has pressed for rate cuts and previewed a broader reshaping of the Fed after Powell’s term as chair ends next May. Miran is a like-minded voice now while the administration canvasses candidates for the chair. Miran has been an outspoken critic of the Fed’s pandemic-era stance and its later framework pivot; the Manhattan Institute paper faults the central bank’s “excessive monetary accommodation” and its dismissal of early inflation as “transitory.” He has also argued, in interviews and policy essays, for rebalancing the international monetary system and for tariffs as a tool to shift burden-sharing without deliberately weakening the dollar—positions that put him squarely inside the current administration’s macro playbook. ‘Bitcoin Fixes This’ – Miran Bitcoin circles seized on the appointment for a different reason: Miran has, on multiple occasions, echoed a popular Bitcoin refrain. On Aug. 18, 2023, he posted “Bitcoin fixes this” from his personal account, and social-media archivists circulated a separate Jan. 9, 2022 instance of him writing “Bitcoin fixes this.” That posture tracks with remarks Miran made in late 2024 about the role of financial deregulation—as well as Bitcoin and crypto specifically—in a growth agenda. In a December 2024 interview on The Bitcoin Layer, he said: “Financial deregulation is going to be a powerful part of that. I think that crypto has a big role potentially to play in innovation.” (The conversation is widely excerpted and summarized in crypto trade coverage.) Reaction across X was swift. MacroScope called the pick “Huge. I’ve posted about Miran before. Always been a fan.” Steven Lubka, the Vice President of Investor Relations at Nakamoto, highlighted the archival Bitcoin posts: “A future member of the Federal Reserve board has tweeted ‘Bitcoin Fixes This’”. Alex Gladstein of the Human Rights Foundation, a prominent Bitcoin advocate and Fed skeptic, simply wrote: “Strange times.” Beyond the headline Bitcoin angle, Miran’s publication record suggests he will push internally on two axes: governance and scope. In a Mercatus Center discussion last year, he criticized large-scale asset purchases for eroding the line between fiscal and monetary policy, a theme echoed in his Manhattan Institute report’s call to “cordon off” non-monetary functions from the FOMC and to restore a narrower, technocratic focus on price stability. Those proposals—shortening Board terms, clarifying presidential removal, strengthening Reserve Banks, and subjecting the Fed’s operating budget to appropriations—would together amount to the most consequential redesign of the Fed’s institutional architecture in decades. For now, the practical timeline is straightforward. The seat Miran would occupy is the remainder of Kugler’s term ending January 31, 2026; confirmation is required, and the calendar means he could be seated for only a few meetings before the next inflection point in Fed leadership. Powell’s term as chair ends May 15, 2026, though his underlying Board tenure runs to January 31, 2028, and presidents historically signal chair choices months in advance. Today’s interim move, therefore, looks less like a capstone than the first placement in a larger chess game over the central bank’s direction into 2026. At press time, Bitcoin traded at $116,550.
A new court filing on August 7 from the US Securities and Exchange Commission and Ripple Labs stated that both parties have agreed to dismiss their appeals. The move has brought official closure to one of the longest-drawn-out and most closely observed crypto lawsuits in history. In the joint stipulation of dismissal filed with the US Court of Appeals for the Second Circuit, both parties wrote: #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: The parties have filed a Joint Dismissal of the Appeals. The case is over. pic.twitter.com/QMATRLnxnS — James K. Filan (@FilanLaw) August 7, 2025 Ending a Five-Year Battle “Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals,” Ripple’s chief legal officer, Stuart Alderoty, said on Thursday, before adding, “The end…and now back to business.” The SEC sued Ripple Labs and two of its top executives, Brad Garlinghouse and Chris Larsen, in December 2020. It alleged the firm conducted an unregistered securities offering by selling XRP. The case became a battleground with appeals and counter appeals costing millions in legal fees, and put the classification of crypto assets as securities or commodities in the spotlight. Most of it also took place during the height of the Biden administration’s crackdown on crypto and the SEC’s (then chaired by Gary Gensler) regulation-by-enforcement campaign. In 2023, New York federal judge Analisa Torres ruled that the XRP that the firm sold on public exchanges did not meet the definition of a security, but the tokens it sold to institutional investors were unregistered securities. Ripple was ordered to pay $125 million in fines to the SEC, far lower than the regulator’s $2 billion demand. This was widely seen as the turning point in the case. Ripple v. SEC = Done Just came back to Celebrate with you! https://t.co/2n5vU9lj3k pic.twitter.com/cduqLQU1c5 — Jeremy Hogan (@attorneyjeremy1) August 7, 2025 XRP Price Spikes The “XRP Army” took to X to celebrate the latest victory for the crypto industry. Meanwhile, the asset surged 13% on the day to reach $3.36 at the time of writing. XRP is currently trading at its highest level since July 23, recovering from a dip to $2.77 on August 3. The cross-border payments token reached an all-time high of $3.65 on July 18 and is now just 7.7% away from that price. The post XRP’s Price Skyrockets by 13% as Ripple and SEC Drop Court Battle appeared first on CryptoPotato .
Around 35,000 Bitcoin options contracts will expire on Friday, August 8, and they have a notional value of roughly $4.1 billion. This expiry event is smaller than last week’s , so it is unlikely to be enough to influence spot markets, which have started to recover following news in the US that Donald Trump has allowed BTC in pensions . Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 1.38, meaning that there are many more short contracts expiring than longs. There is also a max pain point of $115,000, around $2,000 below current spot prices, which is where most losses will be made on contract expiry. Open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at $140,000, which has surged to almost $3 billion at this strike price on Deribit. There is also around $2.3 billion OI at $120,000 strike price as the bull speculators load up on contracts. Options Expiry Alert Tomorrow, over $4.9B in BTC & ETH options are set to expire on Deribit. $BTC : $4.15B notional | Put/Call: 1.38 | Max Pain: $115K $ETH : $792M notional | Put/Call: 1.06 | Max Pain: $3,600 OI distribution hints at puts clustered below spot, calls… pic.twitter.com/wF4AEXAv7F — Deribit (@DeribitOfficial) August 7, 2025 Crypto derivatives provider Greeks Live noted that the group was showing “a mixed sentiment with traders focused on low volatility environments and $112,000 strike levels for end-of-week options.” Traders are actively selling puts at the $112,000 strike price despite 32% implied volatility concerns, they said before adding that discussion around volatility dip buying vs selling reveals a split market, “with most participants positioned as volatility sellers rather than buyers.” In addition to today’s batch of Bitcoin options, there are around 222,000 Ethereum contracts that are also expiring, with a notional value of $792 million, a max pain point of $3,600, and a put/call ratio of 1.06. This brings Friday’s combined crypto options expiry notional value to around $4.9 billion. Additionally, Binance futures trading volumes hit $2.55 trillion in July, the highest level since January, reported CryptoQuant this week. Crypto Market Outlook Crypto markets are up 3.2% on the day, with total capitalization reaching $3.94 trillion during the Friday morning Asian trading session. Bitcoin performed well, reclaiming $117,500 in early trading before a slight retreat back to the high $116,000 levels. The move has pushed the asset back into the July trading channel as it recovers from its bounce to support. Ethereum has performed even better, surging 6% to top $3,900 early on Friday morning as it inches closer to the psychological $4,000 barrier. XRP was the best-performing altcoin with an 11% gain after Ripple Labs and the SEC both filed to drop their legal appeals in the five-year court battle. The post Will Markets Move Higher as $4.9B Crypto Options Expire appeared first on CryptoPotato .