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Battlefield 6 Beta Gets High Marks From Digital Foundry

by admin August 17, 2025

The Battlefield 6 open beta is currently in its second weekend, and players are still adsorbing the latest entry to the franchise. Meanwhile, Digital Foundry has shared its technical breakdown from the first weekend of Battlefield 6’s open beta, and the early verdict is very good.

That’s not to say that the open beta was flawless. In the opening minutes alone, DF broke down some of the issues with the destructible environments. There are occasional glitches, including pieces of rubble floating in air without being connected to the structure around them. Battlefield 6’s buildings appear to fall apart using a state-based system rather than registering unique damage or breaking points. Yet it’s still an improvement over Battlefield 2049 and Battlefield 5.

Visually, DF saw the best results when running the SSGI option on PC, which allowed for more natural lighting, and suggested that this feature should be included for PlayStation 5 Pro. Unsurprisingly, the PS5 Pro performed better than the standard PS5, but the gap wasn’t as great as it was between the Xbox Series X and the Xbox Series S. In a side-by-side comparison, the S noticeably struggled to keep up with the on-screen details that the X handled more smoothly.

Even in the beta’s current state, DF said that Battlefield 6 “is very shippable at the moment” and added that it has “a level of mechanical polish that feels top-notch.” However, DF added that the game could really use some raytracing embellishments and that it doesn’t feel innovative in the way that some of the previous titles have.

Among players, one of the current complaints is that the size of the 12v12 Rush mode is too small, but the final game’s bigger maps may solve that issue. Regardless, Battlefield 6’s beta has already passed Call of Duty’s concurrent-player record, as well as the record of the previous Battlefield games on Steam. The second Battlefield 6 open beta will conclude on August 17.

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August 17, 2025 0 comments

GameFi Guides

Ethereum (ETH): Now or Never Moment, XRP: Key Breakthrough In, Bitcoin (BTC): All-Time High Pace?

by admin June 26, 2025

XRP makes move
Bitcoin’s lucky day

All eyes are on Ethereum as it approaches a crucial turning point and interacts with the 200 EMA, the long-term trend-defining resistance level that is presently trading close to $2,500. For ETH, this appears to be a do-or-die situation. Although the recovery appears weak, ETH was able to recover somewhat after plunging precipitously below the 50-day and 100-day EMAs.

A failure to break and hold above the 200 EMA would be a blatant bearish indication. It is currently trying to retest the 200 EMA from below. To make matters more uncertain, the volume of the recent upswing has also been disappointing. Additionally, the chart displays an unsuccessful ascending triangle pattern from earlier in June which usually denotes waning of bullish momentum.

ETH/USDT Chart by TradingView

The momentum leans bearish because the RSI is in the neutral zone, and there are no indications of a robust buying pressure recovery. The most likely scenario is a decline toward the psychological $2,000 level, which also corresponds with previous consolidation zones if ETH is rejected at the 200 EMA. The gains from the April-May rally would be largely erased by a move that low confirming that bulls are losing ground.

This could be Ethereum’s final opportunity to restore market structure before plunging even deeper into a bearish phase, so it is not just another slight decline. A successful breakout above the 200 EMA, on the other hand, accompanied by strong follow-through volume might rekindle optimism and drive ETH back into the $2,600-$2,800 range.

XRP makes move

Finally achieving a much-needed technical breakout, XRP has decisively pushed above its 26-day EMA. This move could signal a major change in momentum for the struggling asset. This clean surge is a clear indication that bulls are starting to gain ground after weeks of erratic consolidation and unsuccessful breakout attempts.

In addition to closing in on the 200 EMA, which is slightly ahead as the next significant resistance, the price is currently trading above all of the major moving averages, including the 26 EMA, 50 EMA and 100 EMA. XRP’s current hold above the 26 EMA is not merely a bullish technical indication; it is also a psychological triumph following a protracted period of underperformance and weakness relative to the overall market.

Bitcoin’s lucky day

The descending trendline, which has served as resistance for the past two months, is being tested by Bitcoin for the third time, and it is quickly approaching a make-or-break moment. Bitcoin may find itself accelerating toward all-time highs if it can close convincingly above it on this third try, which could be the lucky one.

Both the 26 EMA and the 50 EMA have been cleanly reclaimed, and the price action has shown increasing strength with a strong bounce off the 100 EMA. The absence of significant follow-through volume raises concerns even though the bullish structure is obviously intact.

Coinbase (COIN) Stock Hits 52-Week High, Nears All-Time Record Amid Crypto Rally

by admin June 25, 2025

Coinbase Global (COIN) stock extended its rally on Wednesday, setting a fresh 52-week high and coming within range of its record closing price from November 2021, as the broader digital asset industry followed Bitcoin’s lead.

Shares of the crypto exchange rallied by as much as 7.1% Wednesday morning, reaching an intraday high of $369.25, according to Yahoo Finance data. COIN was last seen trading around $352 for a gain of 2%.

The stock has also rebounded 133% from its April low, which occurred during a broad market sell-off sparked by US President Donald Trump’s “Liberation Day” tariff announcement.

With the rally, COIN has set a fresh 52-week high and is within 2% of its record closing price of $357.39, according to Macrotrends data.

COIN stock is approaching all-time highs. Source: Yahoo Finance

At current values, Coinbase stock has a total market capitalization of $89.6 billion, making it one of the most valuable crypto-focused companies.

Coinbase stock has rallied more than 42% since the start of the year, fueled by rising (BTC) prices, pro-industry regulatory developments in the United States and steady revenue growth.

While Coinbase’s first-quarter revenue came in below expectations, it rose 24.2% year-over-year to $2.03 billion. Subscription and services revenue grew 36.3% to $698.1 million, driven largely by income from stablecoins.

Related: Bitcoin rebounds to $105K as Coinbase premium hits second 2025 high

Coinbase stock follows Circle Internet Group higher

Coinbase shares are rallying alongside stablecoin issuer Circle Internet Group’s highly successful initial public offering.

After debuting at $31 per share, Circle’s stock, trading under the ticker CRCL, has surged to over $200.

Coinbase and Circle maintain a significant partnership centered on the USDC (USDC) stablecoin, which deepened in 2023 when Coinbase acquired an equity stake in Circle.

As Cointelegraph recently reported, Circle briefly became the top holding in VanEck’s MVIS Global Digital Assets Equity Index (MVDAPP), which tracks the largest and most liquid publicly traded crypto companies.

The largest components of MVDAPP. Source: MarketVector

However, as of Wednesday, Coinbase had reclaimed the top spot in the MVDAPP.

Related: ‘Stablecoin summer’ as Coinbase, Circle stocks surge on new legislation

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June 25, 2025 0 comments

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U.S. House of Representatives memo reveals WhatsApp has been banned from employee devices, citing “a high risk to users due to the lack of transparency in how it protects user data” and security concerns

by admin June 25, 2025

Messaging apps are one of the banes of my existence. Every time I connect with someone new it seems there’s some back and forth on what app we should use to communicate. Often a part of this includes explaining to folks why I don’t use things like WhatsApp, due to the mix of ownership, security, and general distaste. It’s a horrible conversation where I look like an elitist jerk, but it warms my heart a little to know that now, everyone who works in the US House of Representatives will have to do the same thing.

According to Reuters, a memo went around the House of Representatives staff on Monday explaining that the popular messaging app has been banned. The Meta (Facebook) owned WhatsApp messaging service has been deemed too much of a security risk to be allowed on employees devices.

The memo reads the “Office of Cybersecurity has deemed WhatsApp a high risk to users due to the lack of transparency in how it protects user data, absence of stored data encryption, and potential security risks involved with its use.”

The ban actually comes just in time, as Meta gets ready to add ads to make the messaging app a bit more like Instagram. This memo has likely saved many in the House of Representatives from some pretty invasive targeted advertising.

Naturally Meta is none too pleased with this development and disagrees “in the strongest possible terms,” to the move to ban the app. A spokesperson from Meta also stated that WhatsApp has a higher level of security than other messaging apps that are still allowed. But it’s likely not just the security level, but also the likelihood of being targeted that singled WhatsApp out for this ban.

WhatsApp being so popular, and not exactly having the best security around has made it the target of bad actors in the past. This includes Israeli spyware companies like Paragon Solutions. It also means that it’s so much easier for hackers to get access via someone you know, due to the apps prevalence, especially with those not so security minded.

Other messaging apps were recommended as alternatives in the memo from the chief administrative officer. Weirdly we don’t see Discord, for the gamers in the House (of reps). Instead, these include Microsoft Teams, Amazon’s Wickr, Apple’s iMessage and FaceTime, and my pick of the bunch, Signal.

Signal is an end-to-end encrypted messaging app I’ve been using for years. It’s an independent nonprofit dedicated to privacy, so there’s no ads or tracking. Most importantly, they can’t see your chats and neither can anyone else, so it’s usually the one I push for in that “what messaging app do you use” conversation from earlier.

Hopefully this will see more people give WhatsApp the boot in favour of exploring some slightly less partial messaging providers. If it’s not good enough for the United States House of Representatives, then is it really good enough for you? I don’t think so! Maybe consider this the time to treat yourself to a safer, more transparent messaging system that isn’t owned by one of the world’s richest men.

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June 25, 2025 0 comments

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‘Ironheart’ Has Kinks to Work Out, But Flies High Enough

by admin June 25, 2025

Since Avengers: Endgame, the MCU has examined which heroes will step up now that most of the original characters have bowed out. In the case of Iron Man, this question has mostly been answered in Spider-Man, but fans of the armored Avenger’s comics know his actual successor comes in Riri “Ironheart” Williams, introduced in 2016 by Brian Michael Bendis and Mike Deodato, Jr.

Marvel brought Riri into the cinematic fold with 2022’s Black Panther: Wakanda Forever, with the promise of her eventually headlining her own spinoff. (Currently, it’s the only flag planted by that movie which has actually come to fruition.) Despite that real-world, three-year wait, it doesn’t feel like much time has passed between Wakanda and the Ironheart show. As the series opens, Riri (Dominique Thorne) is still interested in building Iron Man-esque suits of armor after she got a taste of it throughout Wakanda, and has no trouble using MIT’s resources (and her classmates’ money) to achieve her dreams.

Within the first minutes of the pilot, we see the fruits of Riri’s genius when she takes her newest suit to fly out of MIT immediately after her expulsion. Watching her fly may evoke memories of watching Iron Man take his own test flight for the first time, mixed with the youthful energy found in the recent Spider-Man films. The suit itself is impressive for something made on a TV budget; there’s a weight and sense of realness to it not seen in this franchise in ages, made all the more impressive by how often it’s around on screen.

Riri’s flight home (and subsequent crash in the middle of the street) also draws the attention of Anthony Ramos’ Parker Robbins, who leads a gang of thieves and wears a red hood that grants him some magical abilities. He quickly deduces she needs money and recognition and plays on both to get her to join his crew, made up of various specialists that’ve been recruited by Parker and his lieutenant John (Manny Montana). The members of Parker’s crew are also outcasts or have ambitions that require some cash, but unlike Riri, they’re more willing to own that they’re criminals.

This makes for an interesting dynamic as she helps them pull off their heists against the elites of Chicago while growing increasingly wary of Parker’s endgame. Riri may not be as morally gray as the recent New Avengers, but that doesn’t stop her show from constantly challenging her about her complicity in the crew’s actions despite her more noble intentions. Thorne’s as compelling here as she was in Wakanda, and she’s allowed to breathe more life into Riri and go on a more complicated hero’s journey than what’s generally been allowed of most younger heroes in the MCU.

Unlike Kamala Khan or Peter Parker, Riri doesn’t have or want a superheroic mentor to help solve her problems. (Her brief, eventual answer to a “call Wakanda” solution is a funny showcase of Thorne’s comedic talents.) They may share half a name, but Ironheart has a genuine lack of interest in exploring how or whether Riri would actually be an Iron Man successor. Instead, series creator Chinaka Hodge prioritizes how her time in Wakanda and return home are all weighing on her and affect relationships with her various loved ones, including mother Ronnie (Anji White) and friend Natalie (Lyric Ross).

Ironheart is being released in a pair of three-episode chunks, but it won’t take long to wish it were cut into a movie. This criticism can be levied at most live-action MCU shows, but it sticks out here by the way the supporting cast pop in and out without any real arcs of their own and mainly react to Riri and Parker’s actions. While Riri is well-defined, Parker himself is more of a mixed bag; Ramos has enough charisma to buy that he’s put a team together, but his hood never really imbues him with menace and it becomes increasingly clear he was put in the show as a gateway toward what he and other characters could become in the future.

By that point, though, it’s hard to know when or even if these characters will turn up again, given Marvel’s contractions and general uncertainty as it heads toward its next big finish. As far as recent additions go, Ironheart has enough that works that it’d be nice to see Riri and company return in the right format that fits them.

The first three Ironheart episodes are now streaming on Disney+.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

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June 25, 2025 0 comments

Crypto Trends

Chainlink (LINK) Price Jumps 11% as Holders Crush All-Time High

by admin June 25, 2025

As the crypto market resumes with notable bullish price actions today, Chainlink (LINK) has shown massive strength after surging by over 11% on Tuesday, according to data from Santiment.

This surge in Chainlink’s price comes as the thirteenth-largest cryptocurrency by market capitalization responds to the broad crypto market resurgence fueled by easing tensions on the buzzing Middle East troubles.

Notably, the token has led the top 15 largest cryptocurrencies by market capitalization with the highest price gains for the day.

Data provided by the source shows Chainlink has skyrocketed massively by over 11% in just 24 hours. This sudden price surge has triggered attention across the crypto ecosystem as it comes just after weeks of sideways movement that saw LINK investors lose confidence in the token’s short-term potential.

Despite falling as low as $11.5 one day ago, LINK is now trading at $13.34 as of press time, reflecting a price surge of 8.13% over the last day, according to data from CoinMarketCap.

Source: CoinMarketCap

Chainlink holders hit 769,380

Although the notable price recoveries span across the broad crypto market, this explosive price action was further fueled by a notable growth in the number of LINK holders.

According to the latest update from Santiment, Chainlink has just surpassed its all-time high in the number of wallets carrying LINK tokens. Notably, the total number of LINK holders stands at 769,380 as of June 24.

Ethereum Historic Rally Brewing: New All-Time High Within Reach In 2025

by admin June 20, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

As Thursday drew to a close, Ethereum appears to be slowly regaining strength as the second-largest digital asset stabilizes above the $2,500 level once again. With predictions about an impending major rally swelling in the community, this gradual recovery might be setting the stage for the anticipated bullish move.

A Record-Breaking Surge For Ethereum Building

Ethereum has begun to witness bullish movements once again after a period of robust volatility that capped previous upside attempts. Meanwhile, Batman, a crypto expert and trader, highlighted that ETH is currently positioned in a critical area that could lead to a massive rally in the upcoming days.

With the ongoing positive action maturing, Batman’s analysis suggests that ETH seems to be subtly preparing for a potential historic breakout in 2025. This impending move is likely to push the altcoin toward new all-time highs.

Analyzing ETH’s price action on the 4-hour time frame chart, Batman stated that the asset has been trapped in this dull range for what seems like forever. However, the expert claims that such a development typically marks the beginning of big moves.

According to the expert, the market is only a solid catalyst away, and Ethereum may break past the $4,000 price level with a swift rally. Furthermore, its move above the key level would spark a continued and sharp surge that could reshape its price peak.

ETH eyes major blast off | Source: Batman on X

When the anticipated upswing occurs, Batman is confident that ETH will rally hard to the $6,000 and $8,000 price range this year, marking a new all-time high for the altcoin. Considering the potential upward move, the expert claims that the ongoing volatility is the calm before the storm.

In the 12-hour time frame, Batman reveals that ETH has just created a golden cross on its Stochastic. It is important to note that a golden cross is a key technical move that indicates a possible shift from a bearish to a bullish trend.

Batman asserted that this golden cross has often marked a local bottom. Even though past reversals ignited by the crossover were small and short-lived, each big move majorly begins with a little step. Thus, the expert believes this critical move might be the start of something bigger, like a rally to a new all-time high.

ETH’s Current Phase To Precede A Large Move

As ETH battles for an upward trajectory, Daan Crypto Trades, a technical expert and investor, noted that the altcoin is in a zone that could be pivotal. Daan Crypto Trades stated that ETH keeps trading in this extremely narrow range as wicks on both sides are being absorbed.

When one side does give way, this type of compression usually results in a big motion. However, once that move kicks in, it typically does not stop anytime soon either.

Thus far, Daan Crypto Trades has urged traders to watch for a higher time frame close above or below this current range for confirmation of the trend. This is because Ethereum’s move above or below the range would determine the altcoin’s next direction.

ETH trading at $2,562 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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June 20, 2025 0 comments

GameFi Guides

Myriad Moves: Will Bitcoin Set a New All-Time High? Plus Strategy and PENGU Predictions

by admin June 20, 2025

In brief

Myriad users are leaning bullish when asked if Bitcoin will hit $115K or $95K first.
Predictors on are confident that Michael Saylor and Strategy won’t sell Bitcoin before 2025 ends.
The market is nearly even on whether or not the Pudgy Penguins’ PENGU token will be in the top 100 by market cap on June 29.

Looking to test your knowledge? Crypto users can tap into prediction markets—apps that let you predict the outcomes of world events, trading in and out in real-time as the odds fluctuate.

Prediction markets popularity surged with the United States elections last fall, but platforms like Myriad offer markets beyond politics, including sports, crypto, pop culture, video games and beyond, with an ever-changing assortment of timely opportunities.

Below, we’ll walk through some of the most popular and interesting markets available to Myriad users this week following the platform’s Season 2 relaunch.

(Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN).

WELCOME TO SEASON 2!

– All-new website and mobile experience.
– 0% sell fee on all predictions.
– New leaderboard with brand new challenges.
– Myriad Network and creator expansion.
– All-new USDC revenue share.

Predict and get rewarded now at https://t.co/bBe1gBpjgg pic.twitter.com/Qjds7GNTDz

— MYRIAD (@MyriadMarkets) June 18, 2025

Bitcoin’s next hit: Moon to $115K or dip to $95K?

Market Open: June 18
Market Close: Dec 31
Volume: $1.73K

After surging to a new all-time high price shortly after the election of President Donald Trump, Bitcoin had a major cooldown, dropping below $75,000 in April.

But since that time, the leading crypto asset has surged once more, creating a new all-time high of $111,814 in late May—and it’s currently trading above $103,000.

At that mark, it sits around $12,000 off the benchmarks set by a new Myriad market, which asks predictors what will happen next in 2025: Bitcoin booms to a new all-time high of $115,000, or drops back to $95,000?

Predictors currently lean bullish, making a surge to $115,000 a slight favorite at around 51% at the time of writing, up approximately 3% from Thursday afternoon.

Tensions between Iran and Israel put a damper on crypto’s leading token last week, but what does the future have in store? Myriad predictors see upside—at least for now.

What’s Next? Donald Trump is expected to decide on US involvement in Iran within the next two weeks, potentially offering a significant macro shift based on his decision.

Will Strategy sell any Bitcoin by the end of 2025?

Market Open: June 18
Market Close: December 31
Volume: $3.28K

Strategy Chairman Michael Saylor famously said his firm will be “buying the top forever,” indicating that regardless of how high the Bitcoin price goes, the publicly traded firm will be accumulating it, adding to its massive $61 billion Bitcoin treasury in the process.

But will it ever sell the leading crypto asset? And if so, will it sell by the end of 2025? That’s what predictors on Myriad are asked in a new market that will resolve on December 31, 2025.

Thus far, predictors think it’s unlikely, putting odds of a sale at just 17% as of early Friday afternoon.

And while the software company turned Bitcoin treasury firm formerly known as MicroStrategy is nearly always accumulating, it has sold Bitcoin–once.

In December 2022 the company sold 704 Bitcoin for around $11.8 million, highlighting the tax benefits of the sale.

In its historic run of purchases since that time, bringing its Bitcoin holdings to nearly 600,000 tokens, the firm has raised its average price to greater than $70,000 according to data from SaylorTracker.com. Though Bitcoin comfortably sits above that mark at present time, might an extended drawdown offer Saylor’s company the same tax benefit the firm was afforded in 2022?

What’s Next? Saylor and Strategy typically announce Bitcoin transactions on Mondays.

Will PENGU be in the top 100 cryptocurrencies by June 29?

Market Open: June 18
Market Close: June 27
Volume: $3.43K

As part of its ascent to becoming one of the leading Ethereum NFT projects, Pudgy Penguins has put its IP and plush toys on the shelves of major retailers like Walmart and Walgreens.

Now it has its own token, and Myriad predictors are asked whether PENGU, the Solana-based culture coin that launched in December, will be inside the top 100 cryptocurrencies by market capitalization on June 29 based on CoinMarketCap’s rankings.

At the time of writing, the token sits just outside the top 100, listed at 101 with a market cap below $590 million, trailing the 100th token (ranked by market cap) by around $9 million.

Though a rather insignificant move upwards would be required to break into the top 100, predictors are leaning against PENGU being there when the snapshot is taken on June 29—giving odds of being listed inside the top 100 just 46% as of early Friday afternoon.

PENGU is down around 4% in the last 24 hours amid a nearly 14% decrease in trading volume, according to CoinMarketCap.

What’s Next? This market will close two days before the June 29 snapshot.

Edited by Andrew Hayward

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June 20, 2025 0 comments

GameFi Guides

Hyperliquid Token Hits 10-Day Low Following Recent Record High

by admin June 20, 2025

In brief

HYPE was recently down about 6% in Thursday trading.
The decline comes just three days after the token of the Hyperliquid exchange reached a record high.
Most altcoins were changing hands in mildly negative territory.

Altcoin Hyperliquid was recently down more than 6% over the past 24 hours, the poorest performer among the 100 leading cryptocurrencies by trading volume in Thursday trading.

HYPE fell below $36 at one point, its lowest level in 10 days, and well off its all-time high of $45.59 set just three days ago, according to crypto data provider CoinGecko. The token of the Hyperliquid decentralized exchange remains up more than 40% over the past 30 days, a result at least partly of its dominant position in perpetual futures trading volume.

Perpetual futures support unusually high amounts of leverage. The token debuted in December 2024.

HYPE’s decline came on an otherwise uneventful day of trading as the U.S. celebrated the Juneteenth national holiday. Most major altcoins were in negative territory or flat with XRP and Solana recently off a few fractions of a percentage point. The market capitalization of the overall crypto market dipped 2.5%.

Rajiv Sawhney, head of iInternational portfolio management, at crypto asset management firm Wave Digital Assets International, attributed HYPE’s drop to a not unexpected retreat by investors who loaded up on the token following recent large buy-ins by Eyenovia and Lion Group, firms looking to create crypto treasuries.

Eyenovia, a NASDAQ-listed U.S.-based ophthalmic technology firm, raised $50 million via a private equity deal to buy over 1 million Hyperliquid tokens earlier this week, while Singapore-based trading platform Lion Group Holdings also recently announced it had secured a $600 million credit facility to build a crypto reserve that will include Hyperliquid.

“This phenomenon has been occurring quite regularly recently, whereby corporates announce a crypto buying program, and the market immediately buys the pop and then sells following the announcement,” Sawhney told Decrypt.

The analyst also highlighted conventional trading trends, among other factors. “Given that HYPE hit new all-time highs, it doesn’t surprise me that the token has witnessed some reversion as the rest of the market has recently been light on volumes and direction.”

Illia Otychenko, lead analyst at CEX.IO, noted a 50% decline in trading volume since mid-May and its “buy-and-burn mechanism” as the cause of the decline.

“The platform’s buy-and-burn mechanism, where HYPE is automatically purchased whenever users pay trading fees, was a key driver of the recent rally,” he said, adding: “As platform activity slows, this price-supporting mechanism has weakened, removing a major source of upward pressure.”

Edited by James Rubin

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June 20, 2025 0 comments

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Ethereum (ETH) Whale Inflows Hit 2025 High as Wallets Add 871K ETH in a Single Day

by admin June 17, 2025

Ether (ETH)

traded at $2,555.77 on Tuesday, down 3.7% over the past 24 hours after a sharp rejection near the $2,673 level triggered a wave of selling. The downturn follows several sessions of declining momentum and increasing volatility, culminating in a major sell-off late Monday that broke through initial support and left prices trending downward for most of the day.

Despite this weakness in price action, on-chain data suggests that larger market participants continue to treat the pullback as an opportunity to accumulate. According to Glassnode, daily net whale accumulation has exceeded 800,000 ETH for nearly a week, with total holdings in 1,000 to 10,000 ETH wallets rising above 14.3 million. The largest single-day inflow occurred on June 12, when whale wallets added more than 871,000 ETH — the biggest net inflow of 2025 so far.

This accumulation trend mirrors behavior last seen in 2017, underscoring the scale and intensity of recent large-holder buying. The whale buying spree has coincided with Ethereum’s retreat from $2,700 levels and may reflect strategic positioning ahead of further developments in institutional flows or ETF-related catalysts.

While technicals remain under pressure in the short term, the magnitude of this buying activity signals growing conviction among large entities. With prices hovering just above key support, traders and analysts are watching closely to see whether this whale-driven accumulation translates into a near-term reversal or simply cushions further downside.

Technical Analysis Highlights

ETH fell 5.7% from $2,679.99 to $2,527.37 during the June 16 trading session, with volume exceeding 560,000 ETH.
A sharp drop occurred during the 22:00 hour, confirming resistance at $2,650 and accelerating downside momentum.
The subsequent recovery stalled near $2,540, forming a narrow consolidation pattern with reduced volatility.
During the final hour of the analysis window, ETH climbed from $2,550.57 to a peak of $2,564.28 before stabilizing near $2,553.40.
A spike in volume at 13:30 saw over 12,200 ETH traded, driving a brief 1.6% rally to $2,561.59.
A pullback followed, finding support at $2,549.56 during the 13:44 candle; price action formed an ascending channel with buyers stepping in.
The $2,553–$2,555 zone emerged as a key intraperiod consolidation level during the recovery phase.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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June 17, 2025 0 comments