Ethereum Holds Above $3,100 After Hayes' $4M Sell-Off and Whale Activity

Published at 2025-11-17 03:00:19

Ethereum climbed back above $3,100 on Monday morning after spending just over four hours below that level, buoyed by buying that followed a reactivation of a 10‑year‑old wallet. The recovery occurred amid heavy market churn: major traders suffered sizeable liquidations and there was a reported $4 million sell‑off tied to Hayes, moves that briefly intensified downside pressure.

The price action gives short‑term upside momentum for ETH but underscores ongoing volatility. Concentrated whale activity and derivative liquidations can quickly amplify swings, so on‑chain flows, funding rates and the behavior of the reactivated wallet will be watched closely. For now, Ethereum looks resilient, but market participants should expect elevated volatility until clearer directional conviction emerges.

Share on:

Related news

BlackRock Sells $135M in Ethereum Despite 24‑Hour Market Rebound

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

Published at 2025-12-03 18:45:13
Dogecoin Activity Surges 10,187%, Ending Five-Day Slide

Dogecoin activity jumped 10,187%, snapping a five-day losing streak and producing a sharp rebound in Tuesday’s session. The move signals renewed retail interest and heightened volatility for the memecoin.

Published at 2025-12-03 15:30:31
ETH Leverage on Binance Hits Record High Ahead of Fusaka Upgrade

Binance traders’ ETH exposure has climbed as the exchange’s leverage ratio reached a record high while ether reclaimed levels above $3,000. The build-up comes just ahead of the Fusaka upgrade and raises the risk of amplified volatility.

Published at 2025-12-03 14:45:11
Jane Street Leads $105M Round for Antithesis to Scale Ethereum Failure Replays

Antithesis raised $105 million in a Series A led by Jane Street to scale deterministic simulation testing that can exactly replay complex failures for Ethereum and other always-on systems. The funding will accelerate production deployments and integrations with node software and smart contract tooling.

Published at 2025-12-03 13:45:23