Major Whale Activities Signal Market Movements Ahead of Fed Decision

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Source: CryptoNewsNet Original Title: Big Whales Active Ahead of the FED Decision: Here Are the Altcoins They’ve Been Buying and Selling in the Last Hours! – Including Elon… Original Link:

Market Analysis

Today, all eyes are on the Federal Reserve’s 2025 interest rate decision for Bitcoin (BTC) and altcoins. While expectations are high for another 25 basis point cut in December, large investors have also become active.

Ethereum ICO Whale Activity

According to Lookonchain, a cryptocurrency analytics platform, an ICO whale initially transferred a large amount of Ethereum (ETH).

An Ethereum ICO wallet (0x782F) containing 850 ETH ($2.82 million) transferred 1 ETH to a compliance platform after remaining inactive for over 10 years.

This wallet, which invested only $263.5 in the ICO, purchased 850 ETH. These ETH are currently worth $2.82 million, representing a 10,684x return.

Whale Leverage Bet on Ethereum

Another whale has bet on Ethereum’s rise. According to the data, the whale with address 0x76AB sold ETH in a spot position and then opened a long position in ETH.

The whale sold 1,654 ETH for 5.49 million USDC, invested it in Hyperliquid, and opened a long position of 11,543 ETH ($38.4 million) with 7x leverage. The liquidation price was $2,907.6.

Institutional Accumulation of DEX Tokens

According to Lookonchain data, institutions continue to accumulate DEX tokens.

At this point, wallet 0xb5E4 has withdrawn 823,368 tokens ($4.72 million) from major exchanges in the last 24 hours and currently holds 1.61 million tokens ($9.1 million).

SpaceX Bitcoin Transfer

According to Arkham data, SpaceX transferred 1,021 BTC, worth approximately $95 million, to two undisclosed addresses today.

These transfers are likely being made to a major compliance platform for custody purposes.

According to Arkham data, the latest BTC transfer was the second this month and the ninth this year. Approximately 8,910 BTC ($924 million) in Bitcoin transactions were processed through institutional custody platforms.

BTC-2.1%
ETH-3.66%
USDC-0.01%
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