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Dormant Ethereum (ETH) Whale Deposited $228 Million to Bitfinex Before Crash According to analytics platform Lookonchain, a dormant Ethereum whale recently woke up from hibernation after six months of inactivity. The address sent a whopping $228.6 million worth of Ethereum (ETH) to Bitfinex shortly before a recent price crash. As reported by U.Today, the cryptocurrency market recently got hit by $2.2 billion worth of liquations within just 24 hours. Ethereum (ETH) has nose-dived by more than 20% over the past 24 hours alongside some other major cryptocurrencies. Nearly $480 million worth of ETH long positions has been liquidated, with the flagship altcoin taking a much bigger hit than Bitcoin (BTC). Meanwhile, a whale who shorted ETH with 50x leverage right before the market crash currently has an unrealized profit of over $30 million.

<div><span style="font-size: 15px;">Dormant Ethereum (ETH) Whale Deposited $228 Million to Bitfinex Before Crash</span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;">According to analytics platform Lookonchain, a dormant Ethereum whale recently woke up from hibernation after six months of inactivity.&nbsp;</span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;">The address sent a whopping $228.6 million worth of Ethereum (ETH) to Bitfinex shortly before a recent price crash.&nbsp;</span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;">As reported by U.Today, the cryptocurrency market recently got hit by $2.2 billion worth of liquations within just 24 hours.</span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;">Ethereum (ETH) has nose-dived by more than 20% over the past 24 hours alongside some other major cryptocurrencies.&nbsp;</span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;">Nearly $480 million worth of ETH long positions has been liquidated, with the flagship altcoin taking a much bigger hit than Bitcoin (BTC).&nbsp;</span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;"><br /></span></div><div><span style="font-size: 15px;">Meanwhile, a whale who shorted ETH with 50x leverage right before the market crash currently has an unrealized profit of over $30 million.&nbsp;</span><img src="https://d1x7dwosqaosdj.cloudfront.net/images/2025-02/727ce62e5e5e4c16bbb7f9fcce2cbd67.jpeg" alt="IMG-20250204-WA0010.jpg" style="width: 100%; height: auto; margin-top: 10px; margin-bottom: 10px;" /></div><br />

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Dormant Ethereum (ETH) Whale Deposited $228 Millio

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