Ethereum whales are buying the dip, but could ETH next target $2,500 or $3,000?
Ethereum’s major holders have been exceptionally active recently.
Ethereum’s major holders have been exceptionally active recently.
Charles Hoskinson unveiled Midnight as a privacy‑and‑identity layer that extends existing blockchains rather than competes with them. It aims to interoperate with Ethereum, Solana, Bitcoin, XRP and others, letting users pay in each network’s token. The project is positioned as the next generational layer for crypto. The rollout follows four gates: token liquidity (NIGHT) starts on December 8 2025, creating market price signals. A federated mainnet with mixed IOG and external operators is planned for Q1 2026, allowing early app deployment. An incentivized testnet in Q2 2026 will onboard stake pools and stress‑test the consensus, followed by a hard‑fork to the final mainnet later in 2026 for full cross‑chain privacy services. NIGHT holders generate DUST, a consumable fuel that can be exchanged for other chain tokens or delegated so users can interact without owning crypto. This “capacity exchange” seeks to bring Web2‑style frictionless payments to Web3. Hoskinson argues that AI‑driven data mining makes privacy essential, and Midnight will use selective disclosure and zero‑knowledge proofs to protect user identity. Midnight’s code governance will be hosted by the Linux Foundation and operated by a KPI‑driven Midnight Foundation for faster decision‑making. Hoskinson describes a “crypto triumvirate”: Bitcoin as trust/value, Cardano as computation, and Midnight as privacy/identity. The roadmap aims to move from plan to live infrastructure by the end of 2026.
The first Bitwise XRP spot ETF (XRPC) launched on the NYSE, drawing $250 million in assets on day one. Recent SEC rulings have cleared legal uncertainty, paving the way for broader investor participation. Major firms such as 21Shares are swiftly preparing competing XRP funds, signaling strong institutional demand. Despite regulatory gains, converting XRP into daily purchases remains hindered by slow exchanges and complex off‑ramps. Users seek a seamless way to spend crypto on coffee, travel, and online shopping. Reducing this friction is essential for mass adoption and real‑world utility. GeeFi offers a secure, non‑custodial wallet that keeps users in full control of private keys. Its Visa and Mastercard‑compatible card lets holders spend XRP and other tokens instantly at millions of merchants via a feature‑rich app. This integration turns dormant balances into immediate purchasing power without third‑party delays. Staking the GEE token unlocks cashback, lower fees, and tiered perks, turning passive holdings into growth engines. The presale pricing at $0.05 is limited to phase 1, after which the entry price rises. Referral links add a 5% bonus on network purchases, encouraging early participation before the window closes.
The first Bitwise XRP spot ETF (XRPC) launched on the NYSE, giving regulated access to XRP. SEC’s recent ruling cleared legal uncertainty, paving the way for institutional participation. In its debut day the fund attracted $250 million, and firms like 21Shares are quickly filing their own XRP products. GeeFi addresses the gap between holding XRP and spending it. Its non‑custodial wallet keeps users in full control of private keys, while the Visa/Mastercard‑linked GeeFi Card converts crypto balances into instant purchases at millions of merchants. The Android app, with iOS coming soon, offers a seamless interface for payments, travel and online shopping. The GEE token presale is priced at $0.05 with a locked price increase after phase 1. Staking GEE provides cashback, lower fees and tiered perks, turning idle assets into earnings. A 5 % referral bonus on purchases accelerates rewards, and the limited window urges early participation.
A lawsuit centers on a 2023 Washington crash involving a Tesla Model 3. Defective door handles jammed the doors, trapping the occupants as the vehicle ignited. The incident resulted in one fatality and several passengers sustaining serious injuries. The complaint, filed in a U.S. District Court, alleges that Tesla was negligent in the Model 3’s design and ignored known risks of fire and unintended acceleration. The suit seeks accountability for the alleged design flaws.
A new lawsuit has been filed against Tesla following a fatal 2023 crash in Washington State involving a Model 3. The complaint was submitted to the U.S. District Court and alleges that Tesla was negligent in the vehicle’s design and ignored known fire and unintended‑acceleration hazards. During the incident, defective door handles on the Model 3 prevented occupants from escaping the vehicle after it caught fire. The malfunction trapped the passengers, resulting in one death and multiple severe injuries. The lawsuit asserts that Tesla failed to address documented safety concerns related to fire risks and accidental acceleration. It seeks accountability for the design flaws that contributed to the tragic outcome.
The new Bitwise XRP ETF (ticker $XRP) began trading on the NYSE, offering investors direct spot exposure to XRP. Within hours it gathered $100 million in assets, adding to the firm’s existing Bitwise Physical XRP ETP, which already manages about $230 million. The rapid inflow reflects strong Wall Street interest in the cryptocurrency as a payment‑system disruptor. XRP fell 10% to $1.80 amid a broader crypto sell‑off triggered by the Fed’s shift on interest rates. Momentum indicators show deep oversold conditions, with the RSI dropping to 24 on lower time frames. Traders watch a potential double‑bottom around $1.77 that could spark a bounce toward $2.30, a 21% gain. Despite volatility, buying the dip is seen as a strategic move for long‑term holders. Best Wallet Token ($BEST) expands its utility by granting access to early presales, low‑fee swaps, and a built‑in DEX covering 60+ blockchains. The project raised $17 million and plans to launch additional features such as the Best Card for everyday crypto spending. The presale closes in seven days, with purchases possible via USDT, ETH or bank card through the official site.
Ethereum’s largest holders are aggressively snapping up the dip after a 10.9% slide pushed the price to a five‑month low of $2,650. They have accumulated roughly $241.84 million worth of ETH, a move that reflects confidence in a future rebound despite continued bearish pressure. The volume of ETH stored on exchanges fell to a 55‑month trough, now totaling 15.6 million ETH, tightening the available supply. This contraction is driven by whales, including prominent holders such as the…
A lone miner secured the network’s 924,569th block, receiving a Bitcoin bounty worth $266,000 despite the formidable odds.
Bitwise introduced an exchange‑traded fund for XRP on the NYSE under the ticker $XRP. Within hours the fund attracted $100 million in assets, adding to Bitwise’s existing Physical XRP ETP that manages about $230 million. The new product gives investors a regulated way to gain spot exposure to the altcoin. Its debut coincides with heightened interest from Wall Street in XRP’s payment‑network potential. The crypto market is currently under pressure after the Federal Reserve signaled a shift in its interest‑rate outlook. XRP fell 10 % to around $1.80, breaking a key trend line and approaching the $1.77 level seen in the October flash crash. Momentum indicators are oversold, with the RSI near 24, a level that often precedes short‑term rebounds. Analysts suggest that a double‑bottom formation could lift XRP toward $2.30, a roughly 21 % recovery. Best Wallet Token ($BEST) expands the Best Wallet ecosystem with early‑access presales, low‑fee swaps, and a built‑in DEX covering 60+ blockchains. The token also supports upcoming features such as the Best Card for everyday crypto spending. With $17 million raised, the presale ends in seven days, offering traders a new utility layer alongside assets like XRP.
Coinbase now accepts Ethereum as collateral, letting eligible users borrow up to $1 million USDC without selling ETH. The service, previously Bitcoin‑only, is live in most U.S. states and targets long‑term holders needing liquidity for expenses. Crypto‑collateralized lending hit $73.6 billion in Q3, and Coinbase’s BTC loans already exceed $1.27 billion, showing strong demand. Keeping ETH on balance sheets could reduce sell pressure and stabilize the token. Technicals display a bullish head‑and‑shoulder pattern, with RSI at oversold levels and MACD flattening, hinting at a breakout near $5,500. Continued institutional adoption may push ETH toward $10,000 within a year. PepeNode provides a mine‑to‑earn platform requiring no hardware; users buy virtual nodes and earn meme‑coin rewards. The presale raised $2.1 million and early participants see up to 593 % APY, while 70 % of spend is burned to create scarcity. The model aims to deliver steady returns independent of market sentiment.
Cardone Capital announced the purchase of 185 Bitcoin, amounting to roughly $15.3 million. The transaction takes place amid evolving market conditions.
Sierra AI reached a $100 million annual revenue run rate in just 21 months, a milestone few startups achieve. This rapid growth signals a major shift toward AI‑driven customer service in enterprises. The company’s agents now handle complex interactions that once required human staff. The firm was founded by Bret Taylor, a former CTO of Facebook and co‑leader of Salesforce, and Clay Bavor, a long‑time Google product veteran. Their combined experience in scaling consumer and enterprise products underpins Sierra’s AI platform. The agents can manage tasks such as patient authentication, mortgage applications, and credit‑card replacements. Tech firms like Deliveroo, Discord, and Rivian adopted Sierra early, but traditional businesses—ADT, Bissell, Vans, Cigna, and SiriusXM—have also integrated the agents. Use cases range from order processing to returns handling and multi‑step support. This cross‑sector uptake demonstrates AI’s expanding role beyond the tech niche. Sierra employs an outcomes‑based pricing model that charges only for completed work, offering 24/7 availability, cost efficiency, scalability, and consistent service quality. A recent $350 million round valued the company at $10 billion, placing it ahead of rivals like Decagon and Intercom. The momentum suggests AI agents will continue to reshape enterprise customer interactions.
Coinbase now accepts ETH as collateral for on‑chain loans, letting eligible users borrow up to $1 million in USDC without selling their ETH. The product, previously limited to Bitcoin, launched in the U.S. (excluding NY) for long‑term holders seeking liquidity without a taxable event. Crypto‑collateralized lending hit a record $73.6 bn in Q3, and Coinbase’s BTC‑backed loans already total $1.27 bn in borrowing and $1.38 bn in collateral. The new credit line may help stabilize ETH amid recent bearish pressure. Technical analysis shows a head‑and‑shoulder pattern with a potential bottom near $2,750, RSI at the oversold 30 level, and MACD flattening, indicating weakening sell pressure. A full breakout could reclaim the neckline around $5.5 k, while ongoing institutional adoption might push ETH toward $10 k. ETH‑backed loans bridge TradFi and DeFi, positioning ETH as a balance‑sheet asset similar to securities‑backed credit lines. This structure enhances confidence for institutions and corporate treasuries adding ETH to their holdings. Continued ETF accumulation could further extend the upside potential. PepeNode offers a mine‑to‑earn platform where users buy virtual nodes, stack rigs, and earn passive rewards in top meme coins without hardware. The presale raised $2.1 m and early participants enjoy APY up to 593%. A built‑in deflationary model burns 70 % of tokens spent on nodes, supporting long‑term scarcity.
Since July 2025 XRP has fallen from $3.66 to $1.89, a 48% drop that soured retail sentiment. Despite the slump, large holders have expanded their positions, adding more than $7.7 billion worth of XRP in the last three months. On‑chain data shows whales increasing balances while many smaller investors trimmed exposure. Wallets with 20‑100 million XRP grew from 159 to 215 addresses, raising holdings from 6.315 billion to 10.021 billion tokens—an extra 3.706 billion XRP valued at about $7.1 billion. The 100‑500 million group kept its 55 wallets but boosted total holdings to 11.385 billion, up 364 million XRP (~$698 million). Combined, these segments now control roughly 21.4 billion XRP, or 35.5% of the circulating supply. Mid‑size addresses also added crypto, with 10‑25 k‑XRP wallets gaining over 113 million tokens and smaller tiers (20‑500 XRP, 1‑5 k‑XRP) increasing modestly. Conversely, wallets holding 500 million‑1 billion XRP shed more than 2.1 billion tokens, while the top tier (≥1 billion XRP) grew by over 1.5 billion. The overall pattern points to sustained accumulation by major players despite a prolonged market decline.
Dogecoin continues to trade near $0.08 in 2025, with about 27.4 billion DOGE concentrated in the primary cost‑basis zone, indicating strong holder accumulation. This concentration reinforces a solid support level around the $0.08 mark. Recent exchange outflows have surged, pointing to renewed buying interest. A descending broadening wedge on the 4‑hour chart hints at expanding volatility and an upcoming directional move. Dogecoin’s key support range of $0.081–$0.083 remains intact.
A malformed delegation transaction exploited a software bug, causing the Cardano blockchain to split into two separate chains. The error originated from an unintentionally submitted transaction that passed validation on newer nodes but failed on older ones. The incident disrupted network operations but did not result in any loss of funds. Rapid deployment of patches corrected the bug and restored the blockchain to a single, unified chain.
Since the July 2025 peak of $3.66, XRP has fallen 48% to $1.89, prompting retail sell‑offs. Despite the drop, the richest holders have expanded their positions, adding over $7.7 billion in value. On‑chain data shows broad‑based buying by wallets holding tens to hundreds of millions of tokens. Wallets with 20‑100 million XRP rose from 159 to 215 addresses, increasing holdings to 10.021 billion tokens (+3.706 billion, ≈$7.11 billion). The 100‑500 million segment stayed at 55 wallets but grew to 11.385 billion (+364 million, ≈$698 million). Combined, large whales added 4.07 billion XRP, now controlling about 21.4 billion (35.5% of supply). Even modest holders have accumulated: 20‑500 XRP addresses rose from 210 million to 215 million tokens. Groups of 1,000‑5,000 and 10,000‑25,000 XRP added roughly 7 million and 113 million tokens respectively. Several mid‑range categories (5,000‑100,000) also recorded steady gains. Wallets holding 500 million‑1 billion XRP cut their combined balance by over 2.1 billion tokens since August. In contrast, the top tier of ≥ 1 billion XRP grew by more than 1.5 billion tokens in the same period. These divergent actions highlight differing strategies among the largest participants.
On‑chain data shows that large XRP holders moved about 200 million tokens, worth roughly $400 million, in a 48‑hour window. The biggest sellers were wallets holding 1‑10 million XRP, adding substantial sell‑side liquidity. This surge hit a market already under pressure, pushing XRP down 10.3% in 24 hours and breaching the $2 psychological level. XRP now trades below its 50‑day and 200‑day SMAs, confirming a bearish trend. The Fear & Greed Index sits at 14, indicating “extreme fear,” while 24‑hour selling volume topped $7.2 billion. Parallel weakness in Bitcoin and Ethereum, coupled with concerns over delayed Fed rate cuts, has amplified risk‑off sentiment across crypto. Analysts say a pause in whale selling could let XRP test the $2 resistance and possibly recover to $2.50‑$2.70 short‑term. Without that, further decline toward $1.50 is likely. Medium‑term forecasts place XRP between $1.96 and $2.27 through 2025, with upside dependent on regulatory clarity and future ETF activity.
On-chain data shows whales withdrew ~200 million XRP (~$400 M) in 48 h, mainly from wallets holding 1-10 M tokens. This surge added heavy sell-side liquidity to an already fragile market. XRP fell 10.32% in 24 h, dropping below $2 to around $1.85. XRP trades beneath its 50-day and 200-day SMAs, confirming a downtrend. The Fear & Greed Index is at 14 (extreme fear) and 24‑h sell volume exceeded $7.2 B. Bitcoin and Ethereum also slipped, sparking broader liquidations amid macro concerns over delayed Fed rate cuts. Analysts say if whales pause, XRP could stabilize and aim for $2, with short‑term targets of $2.50-$2.70 pending a breakout above resistance. Medium‑term range is projected between $1.96 and $2.27 through 2025, with stronger upside tied to regulatory clarity and ETF activity in 2026. The supply overhang remains the main risk.
Some Bitcoin enthusiasts are speculating that the sharp rise in the likelihood of a Federal Reserve rate cut in December could cause Bitcoin to establish a temporary price floor at its current level.
The situation for NEAR isn’t entirely negative at this point.
The market was clearly shaken after Bitcoin posted its poorest monthly candle in years, sparking a widespread sell‑off across the board.
Some Bitcoin enthusiasts believe that the sharp increase in the likelihood of a Federal Reserve rate cut in December could cause Bitcoin to establish a temporary price floor.