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A new address withdrew 2,302 ETH from Binance, valued at approximately $5.19 million.

According to on-chain analyst Ai Aunt (@ai9684xtpa), a new address, 0x669…bF437, withdrew a total of 2,302 ETH from Binance in batches approximately five hours ago during ETH’s price decline. The total value amounted to roughly $5.19 million, with an average withdrawal price of approximately $2,254.82.

Aave: Cross-chain transfers of rsETH between Ethereum mainnet and L2s have resumed.

Aave announced that the first batch of rsETH has been transferred to LayerZero’s OFT adapter, and cross-chain transfers of rsETH between the Ethereum mainnet and various L2 networks have now resumed. This development means that the rsETH cross-chain channels previously affected have been restored, covering operations across the Ethereum mainnet and L2 networks.

Ethereum ICO participant transfers all 790.17 ETH

According to on-chain analytics platform Lookonchain (@lookonchain), the address 0xeD41—a participant in Ethereum’s ICO—has transferred all 790.17 ETH to a new wallet after remaining dormant for 10.8 years. At current prices, this amount is worth approximately $1.79 million. Data shows that this address invested only $245 during Ethereum’s ICO and received 790.17 ETH in return; its current holdings are thus worth roughly 7,303 times the initial investment.

Approximately 5,555 ETH (valued at around $12.53 million)疑似 redeemed from a Gammafund address and transferred to Binance.

According to on-chain analyst Yujin (@EmberCN), the address gammafund.eth—suspected to belong to investment fund Gammafund—redeemed 5,555 ETH (worth approximately $12.53 million) from ether.fi about six hours ago and transferred the funds to Binance. This address had purchased 11,215 ETH at an average price of ~$1,999 per ETH in March this year, for a total value of roughly $22.42 million. Based on the cost basis of the portion just transferred, the unrealized profit amounts to approximately $2.87 million. Additionally, around 5,500 ETH from this address remains in pending redemption status and is expected to be fully redeemed next week.

Charles Schwab begins offering spot crypto trading services to US retail clients

U.S. financial services giant Charles Schwab has begun a phased rollout of its "Schwab Crypto" service to eligible retail clients in the United States, allowing users to directly trade Bitcoin and Ethereum.According to official information, users can view and manage their crypto assets directly through their existing Schwab accounts. Custody is handled by Charles Schwab Premier Bank, with Paxos providing the underlying custody and trade execution services.The platform charges a trading fee of 0.75% of the transaction amount and currently does not support deposits or withdrawals from external wallets. Additionally, the service is not yet available to residents of New York State or Louisiana.Charles Schwab currently manages approximately $12 trillion in client assets, and its clients already hold about 20% of the asset share in U.S. spot crypto ETFs. (FinanceFeeds)

Eugene: Stopped out the SOL position due to BTC’s weakening trend and will temporarily step aside to observe.

Trader Eugene posted that, due to Bitcoin’s failure to sustain its bullish momentum, he has exited his long SOL position at a stop-loss and stated he will step aside from the market for the time being. Previously, Eugene noted that among major assets, SOL had demonstrated stronger relative strength compared to ETH and HYPE, and believed it was most likely to break out first from its three-month sideways trading range. At that time, he pointed out that if SOL decisively broke above $96, the next key resistance level would be near $120—representing approximately 25% upside potential.

Bitwise CIO: The GENIUS Act Opens the Floodgates for Institutional Funding, with Three Enterprise Chains Raising Over $1 Billion Combined

According to The Block, Matt Hougan, Chief Investment Officer at Bitwise, noted that three enterprise-grade blockchains—Arc (by Circle), Canton Network, and Tempo (by Stripe)—have collectively raised over $1 billion in funding recently. All three funding rounds occurred after the signing of the GENIUS Act in July 2025. Hougan believes this legislation broke a prior regulatory stalemate that had discouraged institutional capital from entering the space. Hougan identified three key signals: First, all three blockchains prioritize native privacy-preserving transactions as a core design feature, addressing institutions’ need for transaction confidentiality. Second, the implementation of the GENIUS Act has significantly reduced regulatory uncertainty; the next critical variable is the pending Clarity Act, from which stablecoins and tokenization infrastructure stand to benefit. Third, these blockchains are backed by top-tier institutions—including Goldman Sachs, Citadel, BlackRock, Stripe, and Visa—marking a stark contrast to Ethereum and Solana, which emerged from grassroots origins. Hougan stated that his firm’s capital remains primarily allocated to native crypto projects, and he believes these emerging enterprise chains will raise the overall competitive bar and attract additional capital inflows.

Bitget CandyBomb: Trade BTC, ETH, and more to unlock 55,000 BILL airdrop tokens

Bitget has launched a new CandyBomb campaign with a total prize pool of 55,000 BILL tokens. New users can earn up to 550 BILL tokens per person by completing tasks such as net deposits and futures trading. Detailed rules are available on the official Bitget platform. Eligible users must click the “Join Now” button to register before participating. The campaign runs from May 13, 18:00 to May 20, 18:00 (UTC+8).

Alameda Research Withdraws Over $20 Million in Assets from KuCoin in Nearly Two Hours

According to on-chain analyst Onchain Lens (@OnchainLens), Alameda Research withdrew 162.64 BTC, 274.29 ETH, 315,299 MASK, and 6.877 million USDT from KuCoin over the past two hours, totaling over $20 million in value. Specifically, the BTC is valued at approximately $13.21 million, ETH at around $630,000, and MASK at roughly $168,000.

A major whale purchased 3,224 ETH—worth $7.31 million—after remaining inactive for a year.

According to on-chain analyst Onchain Lens (@OnchainLens), a whale purchased 3,224 ETH at an average price of $2,267 per ETH—totaling approximately $7.31 million—after remaining dormant for one year.

GMGN’s fee-associated address deposited 3,000 BNB—worth $2.04 million—to Pionex.

According to on-chain analyst Ai Aunt (@ai9684xtpa), 45 minutes ago, GMGN’s fee-related address 0x38d…23866 deposited 3,000 BNB—worth approximately $2.04 million—into Pionex, likely for fee settlement. This marks the first time in two months that this address has transferred fee funds to the exchange. The address currently holds approximately $12.45 million worth of BNB, ETH, and USDC.

A major whale purchased 1,500 ETH for 3.43 million USDC six hours ago.

According to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0xC9D6 purchased 1,500 ETH for $3.43 million in USDC six hours ago. Since February 15, this address has spent a total of $46.99 million in USDC to acquire 21,800 ETH, at an average price of $2,155 per ETH, generating an unrealized profit of approximately $3 million.

“Brother Maji” lost $2.16 million over the past week and currently holds long positions in BTC and ETH worth $40.59 million.

According to on-chain analyst Ai Aunt (@ai9684xtpa), “Ma Ji Lao Ge” has incurred a loss of $2.16 million on his long positions over the past week—nearly erasing all profits generated over the previous month—leaving him with only $187,000 in net profit. He currently holds long positions in BTC and ETH valued at $40.59 million: 14,150 ETH (worth $32.41 million) and 101 BTC (worth $8.18 million). His overall unrealized loss stands at $484,000.

Hyperliquid's largest ETH long position increased to 108,000 ETH

Odaily reports, according to on-chain analyst Yu Jin, ETH price has fallen back near the average entry price of Hyperliquid's largest long position, with the trader's floating profit of approximately $10 million having essentially been erased.After the price approached the cost basis, the trader slightly increased the position by 9,000 ETH. The total ETH position now stands at 108,000 ETH, valued at $245 million, with an average entry price of $2,271.

Whale associated with Erik Voorhees buys another 494 ETH, bringing current holdings to 127,716 ETH

According to on-chain analytics platform Lookonchain (@lookonchain), a mysterious whale—previously identified as having consistently purchased large amounts of ETH and linked to Erik Voorhees—bought 494 ETH for $1.12 million USDC nine hours ago. Data shows this whale now holds a total of 127,716 ETH, valued at approximately $292 million at current prices.

A major whale purchased 2,570 ETH after a one-year silence, spending 5.81 million USDC.

According to on-chain analytics platform Lookonchain (@lookonchain), wallet address 0xB476, which had been inactive for over a year, purchased 2,570 ETH for 5.81 million USDC seven hours ago, at an average price of $2,261 per ETH.

A whale has bought 21,800 ETH since February 15, currently with an unrealized profit of $2.59 million

According to Onchain Lens monitoring, a whale spent 3.43 million USDC to purchase 1,500 ETH. Since February 15, the whale has spent $46.99 million to buy 21,800 ETH at an average price of $2,155, currently with an unrealized profit of $2.59 million.

Today, U.S. Bitcoin ETFs saw a net outflow of 7 BTC, while Ethereum ETFs recorded a net outflow of 1,183 ETH

According to Lookonchain monitoring, U.S. Bitcoin ETFs experienced a net outflow of 7 BTC today, Ethereum ETFs saw a net outflow of 1,183 ETH, and Solana ETFs registered a net inflow of 259,129 SOL.

TD Cowen Reiterates Sharplink "Buy" Rating: Maintains $16 Price Target, Sees 106% Upside

Odaily Investment bank TD Cowen reiterated its "Buy" rating on Sharplink following its Q1 earnings report, maintaining a $16 price target, implying approximately 106% upside from the current share price of $7.76.Sharplink's Q1 revenue exceeded $12 million. The company also announced the establishment of an approximately $125 million income fund in partnership with Galaxy Digital, with Sharplink contributing roughly $100 million. The fund will focus on DeFi and liquidity yield opportunities, targeting returns higher than base staking yields.The analyst team believes the current share price is in a "favorable entry window," driven primarily by a persistent NAV discount and expanding Ethereum demand. Sharplink currently holds approximately 873,000 ETH (about $2 billion), translating to a net asset value (NAV) of roughly $9.68 per share, while the stock still trades at about a 20% discount to NAV. TD Cowen noted that the Galaxy partnership strengthens Sharplink's yield strategy, allowing it to maintain ETH exposure while improving capital efficiency through institutional-grade DeFi opportunities. (The Block)

Gate Ventures: Tech Stocks Hit New Highs Amid Inflationary Pressure, Crypto Market Risk Appetite Recovers

Odaily Odaily News According to the latest weekly report from Gate Ventures, global markets continued to strengthen last week, driven by the technology sector. Both the S&P 500 and the Nasdaq index hit new record highs, with the S&P 500 gaining 2.36% for the week and the Nasdaq rising 4.52%. In the crypto market, BTC rose 4.6% last week, ETH rose 2.1%, spot BTC ETFs recorded net inflows for the fifth consecutive week, and market sentiment recovered to the neutral range. Additionally, the total market cap of cryptocurrencies excluding the top ten assets increased by 12.6% for the week.On the macroeconomic front, the ISM Services Price Index rose to 70.7, a two-year high, coupled with energy price fluctuations and the Federal Reserve's policy expectation of "keeping interest rates higher for longer," leading to increased market focus on a "stagflation" environment. On the industry level, Payward, the parent company of Kraken, has applied to the OCC for a national trust charter, highlighting the increasingly evident trend of industry compliance. In terms of investment and financing, 10 deals were completed last week totaling $34.2 million, primarily concentrated in the DeFi and infrastructure sectors. Among them, OpenTrade completed a $17 million funding round to accelerate the development of institutional-grade stablecoin yield infrastructure; OnRe secured a $5 million Series A round to advance its Solana-based tokenized reinsurance product offerings.