{"id":77715,"date":"2026-09-04T17:23:45","date_gmt":"2026-09-04T17:23:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-price-holds-firm-as-mystery-whale-dumps-167855-eth\/"},"modified":"2026-09-04T17:23:45","modified_gmt":"2026-09-04T17:23:45","slug":"ethereum-price-holds-firm-as-mystery-whale-dumps-167855-eth","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-price-holds-firm-as-mystery-whale-dumps-167855-eth\/","title":{"rendered":"Ethereum Price Holds Firm as Mystery Whale Dumps 167,855 ETH"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Lookonchain says the whale deposited all 167,855 ETH across multiple exchanges between Aug. 30 and Sept. 4.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">At the time, ether traded near $2,520, with spot ETH ETFs adding $141 million on Sept. 3. By 10 a.m. EDT on Friday, the price was down lower around $2,453 per ETH.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The exit follows $63 million of ETH sales by popular ether hoarder \u20187 Siblings\u2019 and wallet 0xFD10 on Aug. 21.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Five Days, Three Updates<\/h2>\n<p>The wallet\u2019s first movements were tracked on Sept. 1, with onchain sleuths reporting that it had received 167,855 ETH from multiple addresses and deposited 70,739 ETH, worth about $174 million, into exchanges over the prior two days while still holding 97,115 ETH. Bitcoin.com News <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/ethereum-whale-408-million-eth-exchange-deposit\/\">covered that initial<\/a> move, noting the transfers arrived in 1,000 to 5,000 ETH batches with ether near $2,430.<\/p>\n<p>The very next day, the <a href=\"https:\/\/x.com\/lookonchain\/status\/2094951061815754956\" target=\"_blank\" rel=\"noopener noreferrer\">running total<\/a> had ballooned up to 103,252 ETH, or $253 million, with 64,603 ETH still in the wallet. The <a href=\"https:\/\/twitter.com\/lookonchain\/status\/2095678242443403558\" target=\"_blank\" rel=\"noopener noreferrer\">final update<\/a> landed earlier today when Lookonchain revealed that the whale had finally gotten rid of the entire stash, i.e., 167,855 ETH, worth $408 million.<\/p>\n<p>This was done by sending the tokens to different exchanges, although it is still unclear as to which exact platforms were the recipients of such a massive haul.<\/p>\n<h2>The Market Shrugged<\/h2>\n<p>At $408 million, the sale ranks among the largest single-wallet ETH exits of the year. Yet ether has climbed through it, with the coin trading near $2,520 on Friday, up about 5.2% over 24 hours, with a market capitalization near $307 billion. That is above the roughly $2,430 level at which the first deposits landed.<\/p>\n<figure id=\"attachment_844741\" aria-describedby=\"caption-attachment-844741\" style=\"width:1562px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-844741\" class=\"wp-caption-text\">ETH price as the whale dumped 167,855 ETH over a five-day span. On Friday, Sept. 4, 2026, the price of ether was lower at $2,453 per coin (live chart below).<\/figcaption><\/figure>\n<p>Demand from other channels helped absorb the supply as U.S. spot ether exchange-traded funds (ETFs) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/2095727622668091437\" target=\"_blank\" rel=\"noopener noreferrer\">took in $141 million<\/a> of net inflows on Sept. 3, led by Blackrock\u2019s ETHA at $72 million. Spot bitcoin ETFs pulled in $731 million the same day as bitcoin touched $82,000.<\/p>\n<p>The broader backdrop is a market still digesting its best stretch in years. Fidelity Digital Assets noted in its <a href=\"https:\/\/www.fidelity.com\/learning-center\/trading-investing\/crypto-outlook\" target=\"_blank\" rel=\"noopener noreferrer\">fourth-quarter outlook<\/a> that ether climbed 34.1% in a single late-August week, outpacing bitcoin\u2019s 25% gain over the same stretch.<\/p>\n<p>Against ether\u2019s roughly $307 billion market value, the whale\u2019s stack amounted to about 0.13% of the total. That is small in aggregate but large for a single seller pushing coins onto order books in a compressed window. The whale\u2019s average exit price works out to roughly $2,430, about 4% below where ether trades now, and the market absorbed more than $400 million of supply in under a week without breaking its uptrend.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/ethereum\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"ethereum market data\"><\/iframe> <\/p>\n<p>Lastly, the exit comes on the heels of other sizable ether sales. On Aug. 21, the \u201c7 Siblings\u201d wallet cluster <a href=\"https:\/\/news.bitcoin.com\/crypto-news\/eth-whales-dump-63-million-7-siblings-sell-off\/\">sold 14,000 ETH for $32.85 million<\/a> while address 0xFD10 offloaded 11,252 staked ETH and 1,824 ETH, a combined $63 million (at a time when ether traded near $2,350). At press time on Sept. 4, ether is exchanging hands for $2,453 per unit after a bitcoin and broad crypto market sell-off that occurred around 8 a.m. EDT on Friday morning.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/ethereum-whale-sells-167855-eth-408-million\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Lookonchain says the whale deposited all 167,855 ETH across multiple exchanges between Aug. 30 and Sept. 4. At the time, ether traded near $2,520, with spot ETH ETFs adding $141 million on Sept. 3. By 10 a.m. EDT on Friday, the price was down lower around [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":77716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77715"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77715"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77716"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}