The cryptocurrency market is showing mixed signals from its largest investors. Recently, a newly created wallet executed a strong accumulation of Ethereum, buying $32 million worth of ETH. This move suggests growing institutional interest. However, it contrasts sharply with Solana and Bitcoin whales who are withdrawing capital. The information regarding the ETH purchase comes from Arkham data.
Author: ethan
ethan
Ethan focuses on altcoins and emerging blockchain ecosystems, covering new projects, sector expansion, and shifting narratives across the crypto landscape. His work looks at how ecosystems grow and interact, beyond short-term price movements.He regularly contributes context on Layer 1 developments and Web3 or DeFi trends connected to broader ecosystem growth.
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The UK Financial Conduct Authority (FCA) has launched a civil case against HTX in the London High Court, alleging unlawful promotion of cryptoassets to UK consumers. The regulator says HTX advertised without required permissions under rules introduced in 2023, signaling that these standards will be enforced. The case focuses on UK users and highlights how approval and registration obligations apply to crypto promotions.
The firm Propy announced a major investment of $100 million today. This capital will be allocated to its expansion in the United States. The goal is to drive real estate tokenization in the U.S. by modernizing the title sector. This was confirmed by CEO Natalia Karayaneva this October 21st.
Meme coin whale accumulation is intensifying this week. Large investors are buying Dogecoin (DOGE), PEPE, and USELESS, defying the sector’s bearish trend. Data from Santiment and Nansen reveal million-dollar movements as the general meme market falls.
BitcoinOS has secured $10 million to build more tools for big investors who want to use Bitcoin in finance. The company plans features that help banks, funds and trading firms handle custody, liquidity and rule-following at scale. Asset managers, custodians and exchanges need this kind of setup to move large amounts of Bitcoin under strict rules.
Ethereum’s price whipped around just ahead of the U.S. inflation release, while exchange-traded funds holding ETH saw outflows as investors pulled cash. The double hit of macro jitters and ETF exits tightened liquidity, leaving less cash on hand for larger trades.
Bitcoin keeps leaving Binance as users prefer to lock coins away instead of offering them for sale. If the trend holds, a shrinking tradable pool alongside steady institutional buying could lift the price close to 130,000 USD.
A Binance charity donation valued at $33 million has been rejected in Malta. The government-run charity, Malta Community Chest Fund (MCCF), halted the receipt of the funds. The decision, backed by the Minister of Finance, Clyde Caruana, has generated a deep political divide, according to reports from the Times of Malta.
Avantis, a leveraged trading protocol, is experiencing notable Avantis growth on Base. Its Total Value Locked (TVL) recently surpassed the $30 million mark. This key milestone directly coincides with the launch of its AVNT governance token and the implementation of an aggressive airdrop incentive campaign. The on-chain analytics firm Lookonchain highlighted significant whale activity immediately driving demand.
A company supported by Ripple plans to launch a SPAC to raise one thousand million dollars and “create the largest public XRP treasury.” The initiative would concentrate a large amount of XRP inside a single listed entity, inviting scrutiny over how the treasury is managed. The move could influence institutional behavior, market liquidity, and the token’s price, while prompting questions about governance and exposure.
