Cryptocurrency market capitalization breaks 4 trillion! Whale fund flow revealed: ETH, BTC, SOL dynamic analysis

The global crypto assets market continued its pump over the weekend, with the total market capitalization briefly surpassing 4 trillion USD during the Asian trading session, rising 1.54% in the past 24 hours. As the prices of mainstream tokens approach historical highs, on-chain data shows that several whales and institutional investors are conducting large transactions and adjusting their funds, covering multiple assets such as Ethereum (ETH), Bitcoin (BTC), and Solana (SOL). This article will analyze whale movements, ETH stake yield analysis, and the capital flow of multiple coins through on-chain data, assisting investors in grasping the market dynamics.

ETH Whale Transaction Dynamics: Single Purchase Exceeds 200 Million USD

The on-chain monitoring platform Onchain Lens has discovered that a suspected institutional-level whale recently purchased 49,533 ETH through multiple CEX exchanges, worth approximately 210.68 million USD. At the time of this transaction, the ETH price was only about 11.8% away from its historical high.

Currently, the whale's total holding has reached 221,166 ETH (approximately 940 million USD), diversified across six wallet addresses. On the other hand, Maelstrom's Chief Investment Officer Arthur Hayes has adopted a diversified strategy, recently increasing his holdings by 1,250 ETH (approximately 5.29 million USD), 424,000 Lido DAO (LDO), 420,000 EtherFi (ETHFI), and 92,000 Pendle (PENDLE), with a total investment amount of about 6.85 million USD, indicating that he remains optimistic about the Ethereum ecosystem.

ETH staking yield analysis: Long-term holders' locking strategies heat up

In addition to spot purchases, some long-term holders choose to lock in profits through staking. A dormant address (0xA5e…eda0) that has been inactive for three years recently staked 4,736 ETH (approximately 19.84 million USD), realizing over ten million dollars in unrealized gains compared to its cost basis of around 9.12 million USD from 4-5 years ago.

Another whale (0x1fc…aed5) withdrew 2,009 ETH (approximately 8.53 million USD) from a certain CEX exchange for staking. Onchain Lens data shows that over the past two months, a total of 10,999 ETH (approximately 46.69 million USD) has been withdrawn from multiple CEX exchanges for EigenLayer and ETH 2.0 staking, generating an accumulated profit of about 13.53 million USD.

Profit Taking and Selling Pressure: Whale Fund Flow Analysis

While buying activity is active, some whales choose to cash out at a high. The 1inch team investment fund sold 5,000 ETH at an average price of $4,215 (approximately $21.07 million USDC) and offloaded 6.45 million 1INCH tokens (approximately $1.8 million USDC), realizing a total profit of about $8.36 million.

In addition, the hackers who attacked the Infini stablecoin bank have continued to sell off ETH. Lookonchain pointed out that the address sold 1,771 ETH (approximately 7.44 million USD) today at an average price of 4,202 USD, having previously transferred funds multiple times to Tornado Cash.

Tracking fund flows of multiple coins such as BTC, SOL, and LINK

In addition to ETH, other mainstream assets have also seen significant capital flow. An address (0xc9d…642) borrowed 20 million USDC through Aave and transferred it to a CEX exchange to purchase 109.6 WBTC (approximately 12.91 million USD). Currently, it holds a total of 603.5 WBTC (approximately 71.62 million USD).

At the same time, a long-dormant whale withdrew 274.22 BTC (approximately 32 million USD) from a certain CEX exchange; Galaxy Digital transferred 224,000 SOL (approximately 41.12 million USD) to multiple CEX exchanges, raising market concerns over selling pressure on SOL.

On-chain, a smart address was observed withdrawing 210,000 Chainlink (LINK) from a certain CEX exchange, with a total holding of 335,000 coins; Nansen CEO Alex Svanevik also transferred 1,000,000 LDO to a certain CEX exchange.

Conclusion

When the market capitalization of Crypto Assets exceeds 4 trillion USD, the actions of Whales and institutions become the market barometer. From massive purchases of ETH, long-term stake lock-up, to capital movements across multiple assets like BTC, SOL, and LINK, it indicates that the market is at a critical stage of bullish and bearish interplay. Investors should closely monitor the Whale movements and capital flow analysis indicated by on-chain data, as these behaviors often signal the direction of the next price fluctuation. For more real-time market information and in-depth analysis, please follow the official Gate platform.