{"id":2349,"date":"2025-06-21T12:36:11","date_gmt":"2025-06-21T12:36:11","guid":{"rendered":"https:\/\/www.europesays.com\/us\/2349\/"},"modified":"2025-06-21T12:36:11","modified_gmt":"2025-06-21T12:36:11","slug":"ethereum-whales-sell-321-mln-in-60-seconds-still-a-tough-battle-remains","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/2349\/","title":{"rendered":"Ethereum whales sell $321 mln in 60 seconds! Still, a tough battle remains"},"content":{"rendered":"<ul>\n<li>Ethereum\u2019s Taker Sell Volume spiked to $10.3B, reflecting strong market-wide sell pressure from whales and retailers.<\/li>\n<li>ETH dropped to $2.3K before recovering to $2.4K, as dip-buyers absorbed the bearish wave.<\/li>\n<\/ul>\n<p>Since hitting a local high of $2.8k a week ago, <a href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\" data-wpel-link=\"internal\">Ethereum [ETH]<\/a> has traded within a descending channel. Over the past day, ETH touched a low of $2.3K, reflecting a sharp increase in downside pressure.<\/p>\n<p>This drop didn\u2019t come out of nowhere. <\/p>\n<p>The price struggled to stay afloat as profit-booking intensified. Naturally, the more ETH hovered in a narrow band, the more holders chose to offload, revealing waning conviction.<\/p>\n<p><strong>$321M in a minute?\u00a0<\/strong><\/p>\n<p>According to CryptoQuant analyst Maartun, Ethereum witnessed a significant spike in selling pressure. <\/p>\n<p>He observed that <a href=\"https:\/\/x.com\/JA_Maartun\/status\/1936113832339894664\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Ethereum\u2019s Taker Sell Volume<\/a> across all exchanges surged significantly, recording over $321.3 million in one minute.\u00a0<\/p>\n<p>That\u2019s not a routine pullback. It marked intense sell-side aggression, with both whales and retailers contributing to the spike in volume.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Ethereum-Taker-sell-volume.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-503851\" class=\"wp-image-503851 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ETH taker sell volume\" width=\"1600\" height=\"900\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Ethereum-Taker-sell-volume.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-503851\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p>In fact, in total, ETH recorded $10.3 billion in Taker Sell Volume before cooling to $839.6 million. This level of activity often mirrors fear or aggressive profit-taking.<\/p>\n<p>Of course, the panic wasn\u2019t just reflected in trade volumes. ETH also recorded 1.2 million coins in Exchange Inflows, mostly from whales.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Ethereum-Exchange-Inflow-Total-All-Exchanges.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-503869\" class=\"wp-image-503869 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ETH exchange inflow\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Ethereum-Exchange-Inflow-Total-All-Exchanges.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-503869\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p><strong>Who\u2019s buying what they\u2019re selling?<\/strong><\/p>\n<p>When we looked at Large Holders Netflow, the data indicated that whales sold 519k ETH while buyers scooped 471k ETH. <\/p>\n<p>This leaves a negative netflow of -48.75k ETH, signaling a higher selling activity from Ethereum large holders.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/ETH-large-holders-netfloew.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-503858\" class=\"wp-image-503858 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Ethereum large holders netflow\" width=\"1600\" height=\"435\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/ETH-large-holders-netfloew.jpeg\"\/><\/a><\/p>\n<p id=\"caption-attachment-503858\" class=\"wp-caption-text\">Source: IntoTheBlock<\/p>\n<p>Such negative Netflow, paired with rising inflows and elevated Sell Taker Volume, spelled out strong bearish sentiment. Either holders were locking in profits or scrambling to cut losses.<\/p>\n<p>Buyers step in, but is it enough?<\/p>\n<p>As expected, this surge in selling activity impacted ETH\u2019s price movement. It briefly slipped from $2.5K to $2.3K. But that wasn\u2019t the end of the story.<\/p>\n<p>As of this writing, Ethereum recovered to $2,424. This mild rebound hints that some buyers saw an opportunity to buy the dip, absorbing the pressure and halting further downside, at least for now.<\/p>\n<p><strong>Wait for THIS tipping point!<\/strong><br \/>\n<a href=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Ethereum-Exchange-Netflow-Total-All-Exchanges-1-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-503857\" class=\"wp-image-503857 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ETH exchange netflow\" width=\"2560\" height=\"1440\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Ethereum-Exchange-Netflow-Total-All-Exchanges-1-1.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-503857\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p>Interestingly, Exchange Netflow turned negative, with outflows beating inflows by about 3.4K ETH. <\/p>\n<p>Simply put, Ethereum buyers have entered the market and absorbed the recently witnessed selling pressure. Yes, that is typically a bullish sign.<\/p>\n<p>That said, the battle isn\u2019t over. ETH has returned to a consolidation zone, where bulls and bears appear locked in a short-term stalemate.<\/p>\n<p>Therefore, if the bulls can hold their positions, it will boost ETH to reclaim $2575, which is a key level to keep bullish momentum alive. Conversely, if sellers retake the market once again, ETH could dip to $2350. <\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/bitcoins-options-expiry-to-test-btcs-100k-floor-will-bears-take-control\/\" rel=\"prev nofollow noopener\" data-wpel-link=\"internal\" target=\"_blank\">Bitcoin\u2019s Options expiry to test BTC\u2019s $100K floor \u2013 Will bears take control?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Ethereum\u2019s Taker Sell Volume spiked to $10.3B, reflecting strong market-wide sell pressure from whales and retailers. ETH dropped&hellip;\n","protected":false},"author":3,"featured_media":2350,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[3244,64,67,132,68],"class_list":{"0":"post-2349","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114721389534687815","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/2349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=2349"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/2349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/2350"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=2349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=2349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=2349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}