With the news of a 50 basis point rate cut by the Federal Reserve, the cryptocurrency market has started to end its previous “long” period of volatility and has slowly begun to rise. Bitcoin briefly broke through $64,750 and Ethereum came close to $2,700. At the same time, many ancient crypto whales that had disappeared from the scene have slowly resurfaced. Even the miners’ wallets that had been engaged in Bitcoin mining since 2009 have started their own on-chain asset transfers. This has made people feel a bit nervous about the future direction of the market, and some have even exclaimed, “This cycle may be the last bull market for retail investors.”
Of course, it may be too early to make a judgment now. Odaily Planet Daily will briefly summarize and track the recent “crypto whales” that have awakened from their slumber, providing readers with reference and tracking.
Ethereum Ancient Whale No. 1: IC0 obtained 1 million ETH at an average price of $0.31
Although the price of Ethereum has had limited gains compared to Bitcoin this year, its ecological status and market influence are still second only to Bitcoin.
Three months ago, an Ethereum IC0 whale started its own performance:
– On June 8th, it made its first small transfer from the multi-signature wallet 0x7d6149aD9A573A6E2Ca6eBf7D4897c1B766841B4 to the same wallet. It then transferred 5 million USDC and deposited it into the OKX address (0x6Eb6ae5f1027E190AdcC7B66D3aa8f14a7677FAF).
– On July 12th, it gradually transferred 4,500 ETH to the same multi-signature wallet 0x7d6149aD9A573A6E2Ca6eBf7D4897c1B766841B4. It then continued to deposit into OKX and started its “ETH selling journey”. It later made additional transfers of 6,600 ETH, 20,000 ETH, and 33,000 ETH, and is still in the process of selling.
– On September 3rd, the whale deposited 462 ETH (worth $1.16 million) into OKX. Since July, the whale has sold a total of 48,963 ETH, with a total value of $155 million and an average selling price of $3,169. At that time, its three staking addresses still held 697,000 ETH, equivalent to over $1.7 billion.
– From September 5th to 22nd, the whale continued to sell in a scattered manner. The latest sale was 491 ETH deposited into OKX. Since July 8th, it has sold a total of 52,794 ETH (about $164 million) with an average deposit price of $3,112.
It must be said that this ancient whale is quite terrifying.
Recent “dumping” records:
– Main tracking address: [https://platform.arkhamintelligence.com/explorer/address/0xe17E2774c8B2453172Fb3b44E9F822c718fa0Ab7](https://platform.arkhamintelligence.com/explorer/address/0xe17E2774c8B2453172Fb3b44E9F822c718fa0Ab7)
– IC0 address: 0x1937C5c515057553cCBd46D5866455cE66290284 (currently cleared)
– Dumping address: 0xe17E2774c8B2453172Fb3b44E9F822c718fa0Ab7 (balance of $28.71 million in assets, mainly more than 10,800 ETH)
– Other addresses:
1) 0x7d6149aD9A573A6E2Ca6eBf7D4897c1B766841B4 (balance of $188 million, including 52,870 ETH)
2) 0xd656374CEB16e2dF41e8C66Eb71b8f30a63b422d (balance of $5.733 million, including 2,169 ETH)
3) 0xb0555C4C2f8aD5a562A69F217598EEE0585CC8d3 (balance of over $20,000, only 7.8 ETH)
This first whale belongs to the wealthy and cunning type.
Ethereum Ancient Whale No. 2: IC0 obtained 150,000 ETH at an average price of $0.31
On July 30, 2015, this whale acquired 150,000 ETH at an average price of $0.31 and then distributed it to multiple addresses.
– On June 18th, after 2 years of dormancy, the whale quickly sold 10,000 ETH within three days, worth $35.39 million. At that time, it still held 75,000 ETH in five addresses, with a floating profit of $257 million.
– On September 23rd, the whale sold another 3,510 ETH (worth $9.12 million). Currently, it still holds 71,490 ETH dispersed in 5 holding addresses (about $187 million).
IC0 address: 0xb8cc0f060aad92d4eb8b36b3b95ce9e90eb383d7 (currently cleared)
Five current holding addresses:
1) [https://platform.arkhamintelligence.com/explorer/address/0xBF4E47672B9418865bB27147d1B09fCB00573C06](https://platform.arkhamintelligence.com/explorer/address/0xBF4E47672B9418865bB27147d1B09fCB00573C06) (balance of $52.764 million, including 20,000 ETH)
2) [https://platform.arkhamintelligence.com/explorer/address/0xA60C073eaA1bdC3F56aF8a9292B9A1E6d3c7E5b7](https://platform.arkhamintelligence.com/explorer/address/0xA60C073eaA1bdC3F56aF8a9292B9A1E6d3c7E5b7) (balance of $39.573 million, including 15,000 ETH)
3) [https://platform.arkhamintelligence.com/explorer/address/0x35c9BBD1e0dDEadca4118A2378E9B0D1959B79F1](https://platform.arkhamintelligence.com/explorer/address/0x35c9BBD1e0dDEadca4118A2378E9B0D1959B79F1) (balance of $39.573 million, including 15,000 ETH)
4) [https://platform.arkhamintelligence.com/explorer/address/0xB1E52e319B83dd3bEdBaE9878B63F67B535dE2be](https://platform.arkhamintelligence.com/explorer/address/0xB1E52e319B83dd3bEdBaE9878B63F67B535dE2be) (balance of $30.312 million, including 11,490 ETH)
5) [https://platform.arkhamintelligence.com/explorer/address/0x5406217655c8DEbE51774C08A0A7cB516bA2F122](https://platform.arkhamintelligence.com/explorer/address/0x5406217655c8DEbE51774C08A0A7cB516bA2F122) (balance of $26.382 million, including 10,000 ETH)
This second whale belongs to the type that remains still until it makes a surprising move.
Ethereum Ancient Whale No. 3: From IC0’s 310,000 ETH to 100,000 ETH refunded by The DAO
On September 18th, a certain Ethereum ancient whale deposited 4,000 ETH (worth $9.33 million) into the Kraken exchange, suspected of selling.
It is known that this whale not only participated in Ethereum IC0 and obtained 310,000 ETH but also received 100,000 ETH from The DAO refund contract distribution on July 24, 2016 (valued at only $1.28 million at the time).
IC0 address: 0x512b91bbfAa9E581ef683fc90d9DB22a8F49f48B (currently cleared)
Main tracking address: [https://platform.arkhamintelligence.com/explorer/address/0xdDf744374B46Aa980ddcE4a5AA216478bf925cD1](https://platform.arkhamintelligence.com/explorer/address/0xdDf744374B46Aa980ddcE4a5AA216478bf925cD1) (balance of $52.054 million, including 19,679 ETH and 40.894 million HEX)
Ancient Ethereum Whale No. 4: Accumulated 16,636 ETH at an average price of $5.23
Compared to the previous ancient whales participating in IC0, this whale belongs to the “more ancient” category. The average holding price of $5.23 is much higher than the IC0 price of $0.31, but the whale still enjoyed several hundred times the gains until now.
In February 2016, the whale received 16,636 ETH from ShapeShift at a price of $5.23.
After 8 and a half years, on September 16th of this year, the whale started its selling spree. It first transferred 16,636 ETH (worth $39.62 million) to the address 0xe3e…566 and then sold 350 ETH at a price of $2,340.
It is understood that when the whale received these 16,636 ETH, they were only worth $87,000. Now they are worth as much as $440.15 million. If the whale had held onto the ETH until today, it would have achieved a 5,050-fold increase in assets.
Received ETH address in 2016: 0x996A4A7E6ec3DeEdbe47522216112bdBae8aC2e2 (currently cleared)
Sold ETH address: 0xE3E5540B029d4662F6E99a5Af3E8b431Cff59566 (currently converted to USDT stablecoin, balance of $39.745 million)
Tracking address: [https://etherscan.io/address/0xE3E5540B029d4662F6E99a5Af3E8b431Cff59566](https://etherscan.io/address/0xE3E5540B029d4662F6E99a5Af3E8b431Cff59566)
Bitcoin Genesis Mining Whale: Sudden sale of 5 mining addresses from 2009
Not only have the ancient Ethereum whales awakened one after another, but even the Bitcoin genesis mining whales from the “wilderness period” of cryptocurrencies have recently awakened from their slumber.
On September 20th, according to monitoring, Bitcoin miner wallets that have been dormant for over 15.6 years have started transferring Bitcoin assets. Among them, five miner wallets quickly transferred 250 BTC within an hour, with a total value of $15.9 million. It is known that these wallets received 50 BTC per block as mining rewards as early as 2009. Now, the price of 50 BTC is around $3.18 million.
The following are the five mining address wallets:
1C4rE41Kox3jZbdJT9yatyh4H2fMxP8qmD
18E5d2wQdAfutcXgziHZR71izLRyjSzGSX
13J8FkimCLQ2EnP1xRm7yHhpaZQa9H4p8E
1MBBJBFEaYKHFZAeV7hQ7DWdu3aZktjzFH
1CGT3Ywaa2upJfWtUtbXonDPNTfZPWqzmA
In summary, after the news of the Federal Reserve rate cut, the crypto whales’ selling spree may continue. Although the crypto market has short-term bullish sentiment, it has also intensified concerns about economic recession among some market participants. For this reason, the recent actions of crypto whales have increased significantly. Even the usually calm and low-profile “Godfish” recently deposited 85.6 WBTC (worth $5.37 million) into Binance. It is still unclear whether this is “spending money” or regular “asset movement”. However, from now until the results of the US election are announced, with the market trending upwards, the selling spree of crypto whales may continue with the rising trend.
