Wales Dem Deposit $53M ETH for Binance, Buy AERO & Short HYPE; Bhutan Move 800 BTC
Onchain data show say whale dem dey do more anyhow for crypto market. For di last three days, one wallet wey get connection with LonglingCapital put 12,000 ETH (≈$53.4 million) for Binance, with 5,000 ETH (≈$21.7 million) within one hour. Di wallet still get 74,090 ETH (≈$322.6 million). Another big whale use 5.05 million USDC buy 3.59 million AERO for average price of $1.40, though di token dey trade around $1.33. At di same time, one trader open 3× leveraged short for HYPE by locking 4 million USDC for Hyperliquid and put $2.5 million TWAP buy order for spot market. For another side, Royal Government of Bhutan move 799.69 BTC (≈$92.1 million) go two new wallets, maybe to put for exchange. These moves show say whale dem activity don increase well-well and fit mean say liquidity fit change plus price fit dey volatile for Ethereum, altcoins and Bitcoin markets.
Bearish
Big big ETH deposit dem go Binancɛ and big big BTC transfer dem dey often show say sell pressure dey come, as whales dey move dia assets go exchanges before liquidation. The 3× leveraged HYPE short still dey add more downward bias. Even though di AERO buy na bullish for dat token, di overall effect for major assets na bearish for short term. Historically, similar whale-driven exchange inflow dem don dey occur before price fall. For long term, new accumulation and strategic buying (TWAP orders) fit provide support, but traders suppose prepare for near-term volatility and possible declines.