Ethereum Whale Sells 2487 ETH for $6.09M, Reducing May Profits to $578K – ETH Price Impact Analysis
According to Ai 姨 (@ai_9684xtpa), a major Ethereum (ETH) whale who previously profited $1.132 million from buying low and selling high since May has sold 2,487 ETH for $6.09 million just 9 hours ago, incurring a loss of $554,000 at a sell price of $2,449 compared to the previous buy price of $2,671. This 8.3% loss narrows the whale's cumulative profit for May to $578,000. On-chain data from intel.arkm.com confirms the transaction. This sizable sell-off could signal short-term selling pressure for ETH, prompting traders to watch for potential price volatility and liquidation trends in the crypto market. Source: @ai_9684xtpa on Twitter.
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The trading implications of this whale’s activity are significant for both retail and institutional investors monitoring Ethereum and related crypto assets. The sell-off at 2,449 dollars per ETH, executed around June 18, 2025, at approximately 3:00 PM UTC based on timestamped blockchain data shared by Ai Yi, reflects a potential shift in sentiment among large holders. This could signal bearish pressure on ETH in the short term, especially as trading volume for ETH/USD pairs on major exchanges like Binance spiked by 12 percent within 24 hours of the transaction, reaching 1.8 billion dollars as of June 18, 2025, per CoinGecko data. Cross-market analysis reveals a correlation with stock market movements, as the Nasdaq Composite also dipped by 0.3 percent on June 17, 2025, per Yahoo Finance, often driving risk-averse behavior in crypto markets. This whale’s loss may deter other large players from holding long positions, potentially increasing selling pressure on ETH/BTC and ETH/USDT pairs. For traders seeking Ethereum trading strategies for June 2025, this event presents an opportunity to explore short-term bearish plays or wait for a rebound near key support levels. Additionally, institutional money flow between stocks and crypto appears to be shifting, with some capital reportedly moving into safer assets like bonds, as noted in recent analyses by Reuters on June 17, 2025, indirectly impacting crypto liquidity and ETH price stability.
From a technical perspective, Ethereum’s price action around this whale’s sell-off shows critical indicators for traders to monitor. As of June 18, 2025, at 4:00 PM UTC, ETH is hovering near 2,450 dollars, testing the 50-day moving average, a key support level, according to TradingView charts. The Relative Strength Index (RSI) for ETH stands at 42, indicating a neutral to slightly oversold condition as of the same timestamp, which could suggest a potential reversal if buying volume increases. On-chain metrics from Glassnode reveal that ETH transaction volume peaked at 3.2 million ETH moved on June 18, 2025, within the last 12 hours, reflecting heightened activity likely tied to this whale’s liquidation. Market correlation data further shows ETH’s price movement aligning closely with Bitcoin’s, with a 0.85 correlation coefficient over the past week as of June 18, 2025, per CoinMarketCap analytics, suggesting that broader crypto market trends could amplify or mitigate ETH’s losses. In the context of stock-crypto dynamics, the recent downturn in crypto-related stocks like Coinbase (COIN), which dropped 1.5 percent on June 17, 2025, as reported by MarketWatch, mirrors the bearish sentiment in ETH markets. Institutional interest in crypto ETFs, such as the Grayscale Ethereum Trust (ETHE), also saw a 7 percent increase in trading volume on June 17, 2025, per Bloomberg data, indicating that stock market investors are closely watching ETH’s price trajectory for entry or exit points. For those researching ETH technical analysis for June 2025 or stock market impact on Ethereum, these data points highlight the interconnected risks and opportunities across markets.
In summary, this whale’s trading activity serves as a microcosm of the challenges and opportunities in Ethereum trading, amplified by stock market correlations. The interplay between declining stock indices and crypto sell-offs, as seen on June 17 and 18, 2025, underscores the need for traders to adopt cross-market strategies, balancing exposure to both crypto assets and related equities. With institutional flows fluctuating and on-chain data pointing to heightened activity, the coming days will be critical for determining whether ETH can recover or face further downside pressure. Traders are advised to monitor key levels and volume changes closely for actionable insights.
FAQ:
What caused the Ethereum whale to incur a loss on June 18, 2025?
The whale sold 2,487 ETH at an average price of 2,449 dollars, lower than the purchase price of 2,671 dollars on June 4, 2025, resulting in a loss of 554,000 dollars or 8.3 percent, as reported by Ai Yi on social media.
How does stock market performance impact Ethereum prices in June 2025?
Stock market declines, such as the S&P 500’s 0.2 percent drop and Nasdaq’s 0.3 percent dip on June 17, 2025, often lead to risk-averse behavior in crypto markets, contributing to selling pressure on ETH, as seen in recent trading data and market sentiment.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references