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An Ethereum whale, who had held 10,000 ETH for 900 days, sold their entire stash recently, missing out on a potential peak profit of $27.6 million when ETH was valued over $4,000. The whale initially purchased the ETH in October and November 2022 for $13 million, at an average price of $1,295 per token. Despite the missed opportunity, the whale still managed to secure a profit of $2.75 million by selling at around $1,578 per ETH. In a related development, World Liberty Financial, a crypto project backed by Donald Trump, also sold part of its Ether holdings at a loss. Amidst a broader market sell-off, two other whales made significant moves; one managed to save a position worth over $300 million, while another faced a liquidation loss of $106 million. These events highlight the volatile nature of cryptocurrency markets and the high stakes involved in holding and trading large amounts of digital assets.
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Bitcoin remains stable above $104,500 with negligible daily movement, despite geopolitical tensions in the Middle East, showing just a 2% weekly decline. Analysts are split on the crypto market’s current low volatility: CryptoQuant warns of a potential drop to $81,000 due to waning demand and reduced ETF flows, while Glassnode interprets the quiet as a sign of maturity driven by institutional activity. Retail participation is down, with short-term holders offloading significant BTC, while institutional and whale transactions dominate. Meanwhile, Presto Research suggests Crypto Treasury Companies like Strategy face lower risks through innovative financial structures, avoiding past crypto blowups. Semler Scientific announced an ambitious plan to hold 105,000 BTC by 2027, leveraging equity and debt, though its stock trades below net asset value. Market dynamics show BTC struggling below $105K despite ETF inflows, Ethereum consolidating near $2,490, and gold steady amid geopolitical and Fed pressures. The crypto market appears poised for dramatic shifts, driven by the tug-of-war between institutional bullishness and declining retail interest, with no clear consensus on the next direction.
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Coinbase Global (COIN) shares experienced a significant 16% surge to approximately $295 after the U.S. Senate passed the GENIUS Act, a bipartisan bill that regulates and promotes stablecoins, marking a major legislative step for the digital currency industry. This regulatory clarity is seen as a boost for Coinbase, legitimizing its stablecoin operations and revenue streams. The company also launched Coinbase Payments, enabling stablecoin transactions on commerce platforms. Since the start of 2025, Coinbase stock has risen 19%, outperforming the S&P 500's 2% gain. Technologically, after bottoming out in April, the stock trended upward and consolidated in a flag pattern, breaking out decisively with strong volume and momentum. Investors are advised to monitor resistance levels at $330 and $450 for potential further gains, and support levels at $265 and $212 during retracements. The stock's technical indicators, including a converging 50-day and 200-day moving average, suggest a bullish outlook with a potential "golden cross" signal on the horizon.
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A staggering leak of over 16 billion login credentials from major online services, including Apple, Google, and Facebook, has raised significant security concerns, particularly for cryptocurrency holders. Reported by Cybernews, the breach involves 30 exposed datasets, totaling a massive collection of login details, much of which was previously unreported. The data, often stored in unsecured Elasticsearch or object-storage instances, includes sensitive information like tokens and cookies, making it a prime target for mass exploitation by cybercriminals. For the crypto industry, this poses risks of targeted account takeovers, especially for custodial wallets or platforms linked to compromised emails. Additionally, password-based seed phrase backups in cloud services could be vulnerable, potentially exposing private keys. Security analysts warn of increased attack attempts, prompting exchanges to possibly enforce password changes or stricter measures. The breach underscores ongoing issues like password reuse and weak authentication, urging crypto users to update passwords, enable 2FA, and secure recovery phrases offline.
