Ethereum whale exercise has been going completely wild proper now as huge gamers are taking utterly reverse sides in what’s turning into an enormous market showdown. Arthur Hayes went and offered off $8.3M price of ETH whereas SharpLink truly purchased up $100M price, and this complete factor is creating some severe splits in crypto market sentiment together with all of the Ethereum value forecast discussions.
Whale 0x3c9E is dumping $ETH once more!
He deposited one other 7,500 $ETH($25.58M) to exchanges 5 hours in the past, bringing his whole $ETH offered over the previous 3 days to 33,682 $ETH($119M).https://t.co/SONVbu0klJ pic.twitter.com/R3z1hpImyE
— Lookonchain (@lookonchain) August 3, 2025
Ethereum Whale Exercise Sparks Debate on Value Forecast and Sentiment
The latest Ethereum whale exercise that’s been taking place exhibits some fairly loopy promoting strain going up towards aggressive shopping for proper now. Hayes systematically went and offered 2,373 ETH (price $8.32M) and likewise dumped 776M SENA tokens, whereas SharpLink took the other route and truly spent $108.57M USDC to seize 30,755 ETH at round $3,530 per token.
Arthur Hayes(@CryptoHayes) offered 2,373 $ETH($8.32M), 7.76M $ENA($4.62M) and 38.86B $PEPE($414.7K) previously 6 hours.https://t.co/1HymJRPhcj pic.twitter.com/MoJNKUjJaQ
— Lookonchain (@lookonchain) August 2, 2025
Main Promoting Strain Hits the Market Laborious
This whale with tackle 0x3c9E has been depositing tons of ETH to Binance – we’re speaking 26,162 ETH ($93.66M) throughout what have been some fairly intense panic-selling moments. This sort of Ethereum whale exercise created speedy downward strain on costs, and the identical entity additionally moved one other 7,500 ETH ($25.68M) to exchanges inside only a few hours.
A whale acquired 25,540 $ETH, price $86.1M, from #FalconX, 6 hours in the past.
Beforehand, the whale acquired 35,615 $ETH, price $130.11M, which was despatched for staking with #ETH2.0 in 2 wallets, now dealing with a $10M loss.
Addresses:
– 0xe368e663b3df6be863c522a050cf4d5cfee35634
-… pic.twitter.com/0kQSD0xYg3— Onchain Lens (@OnchainLens) August 3, 2025
There’s additionally one other whale that acquired 25,540 ETH price $86.1M from FalconX about 6 hours in the past, and this identical whale had beforehand been stacking up 35,615 ETH ($130.1M) for staking, which exhibits how blended these institutional methods are getting for crypto market sentiment.
SharpLink Goes All-In With Counter Technique
SharpLink’s Ethereum whale exercise has been just about the exact opposite strategy, with them now holding an enormous 480,031 ETH (that’s round $1.65B whole). The way in which they’ve been systematically shopping for over the previous couple days additionally exhibits they’re assured concerning the long-term even with some bearish Ethereum value forecast alerts coming from different main gamers.
Metaplanet has acquired 463 BTC for ~$53.7 million at ~$115,895 per bitcoin and has achieved BTC Yield of 459.2% YTD 2025. As of 8/4/2025, we maintain 17,595 $BTC acquired for ~$1.78 billion at ~$101,422 per bitcoin. $MTPLF pic.twitter.com/9EyuDIMsqq
— Simon Gerovich (@gerovich) August 4, 2025
Different institutional strikes which have been taking place embody Metaplanet choosing up 463 BTC for $53.7M, and so they’ve achieved a 459.2% YTD yield. In the meantime, HYPE token holders have additionally been constructing positions price roughly $18.65M.
HYPE 持仓 TOP 75 的大户 0x7BE…480D8 仍在增持🫡
20 分钟前他向 Hyperliquid 充值了 407 万枚 USDC,已全部用于购买 $HYPE ,本次增持使其排名前进了 8 名;目前计入已质押部分共持有 487,209.95 HYPE(约 1865 万美元),已浮盈 153.5 万美元
传送门 👉 https://t.co/7oQYlltIOd pic.twitter.com/a9RODcoFeL
— Ai 姨 (@ai_9684xtpa) August 3, 2025
Merlijn The Dealer had this to say:
“$BTC HAS ENTERED THE VERTICAL ZONE. 2017. 2021. Now it’s 2025’s flip. Similar alerts, Similar setup. Similar final result. Parabola. Euphoria. Explosion.”
SharpLink(@SharpLinkGaming) acquired one other 15,822 $ETH($53.9M) 6 hours in the past.
They spent 108.57M $USDC to purchase 30,755 $ETH previously 2 days, with a mean shopping for value of $3,530.
SharpLink now holds a complete of 480,031 $ETH($1.65B).https://t.co/fWtEg2UYB8 pic.twitter.com/EX6r4mQXCY
— Lookonchain (@lookonchain) August 3, 2025
This complete Ethereum whale exercise battle that’s enjoying out proper now truly represents some fairly basic disagreements about the place the market’s headed. Whereas Hayes promoting suggests he thinks issues are overvalued, SharpLink’s huge accumulation exhibits they’re bullish long-term on crypto market sentiment, and this creates excellent situations for some risky Ethereum value forecast outcomes.

