A massive crypto whale sent over $330 million in ETH tokens to the largest cryptocurrency exchange, hinting at an incoming selloff. The post Huge Whale DepositsA massive crypto whale sent over $330 million in ETH tokens to the largest cryptocurrency exchange, hinting at an incoming selloff. The post Huge Whale Deposits

Huge Whale Deposits $332M as Ethereum Logs Weakest Q4 in 6 Years

2025/12/30 20:59
2 min read

Ethereum ETH $2 985 24h volatility: 2.0% Market cap: $360.15 B Vol. 24h: $18.19 B is having its worst Q4 performance in years, with continuous outflows from the US-based exchange-traded funds, and the latest whale inflows just put even more pressure on the leading altcoin.

According to data from Lookonchain, the whale, known as 1011short, deposited 112,894 ETH, worth roughly $332 million, into Binance, the largest crypto exchange by trading volume.

Massive Binance inflows usually indicate an impending selling pressure, given the exchange’s high liquidity, which is necessary for large selloffs.

Data from Lookonchain shows that 1011short holds three active short positions in Bitcoin BTC $87 954 24h volatility: 0.9% Market cap: $1.76 T Vol. 24h: $35.32 B , Ethereum, and Solana SOL $124.0 24h volatility: 0.4% Market cap: $69.80 B Vol. 24h: $3.10 B , with a combined value of $749 million. At current prices, the whale is facing an unrealized loss of $49 million.

On the other hand, investment firm Trend Research has been accumulating huge amounts of Ethereum over the past month.

The company borrowed an additional $1 billion in stablecoins from the lending protocol Aave AAVE $150.5 24h volatility: 0.1% Market cap: $2.29 B Vol. 24h: $161.35 M on December 29.

Trend Research already holds 601,074 ETH, worth $1.8 billion.

Weak but Recoverable

Ethereum is down by 28.8% over the past three months, its weakest Q4 performance since 2019, according to Coinglass data. The asset’s biggest price falls happened in October and November, but it continued its bearish consolidation in December.

The decline for the leading altcoin came as the broader crypto market lost more than $1 trillion of its value in the same timeframe.

Institutional interest in Ethereum also declined. Last month, spot ETH ETFs in the US recorded their all-time high net outflow of $1.42 billion, according to data from SoSoValue.

So far in December, the investment products have already registered a net outflow of $612.6 million, their second-largest selloff.

The negativity from the US market has been acting as a major bearish catalyst, not only for Ethereum, but for the broader crypto market as well.

Despite the recent losses, some analysts still expect the $8,500 price target for Ethereum.

next

The post Huge Whale Deposits $332M as Ethereum Logs Weakest Q4 in 6 Years appeared first on Coinspeaker.

Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$1,910.21
$1,910.21$1,910.21
-2.24%
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

New 15% global tariff reshapes landscape – Commerzbank

New 15% global tariff reshapes landscape – Commerzbank

The post New 15% global tariff reshapes landscape – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Economic Research team, led by Dr. Vincent Stamer
Share
BitcoinEthereumNews2026/02/23 21:03
Strategy bitcoin milestone in sight as Michael Saylor prepares 100th purchase amid deep unrealized losses

Strategy bitcoin milestone in sight as Michael Saylor prepares 100th purchase amid deep unrealized losses

Investors are watching closely as Strategy bitcoin activity signals another bold move in the middle of a volatile market cycle. Michael Saylor signals 100th Bitcoin
Share
The Cryptonomist2026/02/23 20:55
From Idea to App Store: The Complete Guide to Mobile App Development in Saudi Arabia

From Idea to App Store: The Complete Guide to Mobile App Development in Saudi Arabia

Saudi Arabia is at the forefront of digital transformation. With Vision 2030 driving innovation and a rapidly growing population of tech-savvy users, mobile apps have become a core driver of business growth in the Kingdom. From e-commerce and fintech to healthcare, logistics, and on-demand services, Saudi businesses are embracing mobile apps to connect with customers and scale faster. But how do you take a mobile app idea and turn it into a successful launch on the App Store or Google Play? This guide breaks down the complete mobile app development process in Saudi Arabia — step by step. Step 1: Validate Your App Idea for the Saudi Market Before you start building, ask: What problem does my app solve for Saudi users? Is there a cultural or market gap my app can fill? How do local competitors approach the same challenge? For example, apps related to digital payments, e-learning, delivery services, and healthcare are in high demand across Saudi Arabia. Conducting market research and aligning your app idea with local user behavior is critical. Step 2: Plan Features with Local Needs in Mind Your app should start with an MVP (Minimum Viable Product) — a core version that solves the main problem. Later, you can scale with advanced features. In Saudi Arabia, consider adding: Arabic language support (essential for user adoption) Integration with local payment gateways like STC Pay, Mada, or Apple Pay Regulatory compliance (especially for fintech and health apps) Localization for user preferences (Hijri calendar, cultural UI elements) Step 3: Select the Right Development Approach You can choose: Native Apps (Swift for iOS, Kotlin for Android) — Great for scalability and performance. Cross-Platform Apps (Flutter, React Native) — Cost-effective for startups targeting both iOS and Android simultaneously. Hybrid Apps — Suitable for simpler apps with limited features. For Saudi startups and enterprises, cross-platform development is often preferred to reach a wider audience quickly and efficiently. Step 4: Design With a Local Touch The design must balance global usability standards with local cultural relevance. UI (User Interface): Clean, modern visuals that align with Saudi branding. UX (User Experience): Simple navigation, clear Arabic text support, and intuitive flows. Wireframing & Prototyping: Test early with Saudi users to ensure adoption. A user-friendly design is one of the top reasons apps succeed in the Kingdom’s competitive market. Step 5: Develop Your Mobile App Once the design is ready, the coding begins. Saudi app development companies often follow Agile methodology, ensuring flexibility and faster delivery. Front-End Development: Interface and user interactions. Back-End Development: Databases, servers, and APIs. Integration: Secure connections between front-end and back-end. Strong collaboration between developers, designers, and business analysts ensures your app aligns with Saudi market needs. Step 6: Testing Across Devices and Networks Saudi users rely on different devices and network speeds. That’s why rigorous testing is critical: Functionality Testing: Features work as expected. Performance Testing: The app runs smoothly on both 4G and 5G networks. Localization Testing: Arabic text displays correctly, without alignment issues. Security Testing: Data protection compliance with Saudi cybersecurity standards. Step 7: App Store & Google Play Launch in Saudi Arabia To publish your app: Apple App Store (iOS): Requires an Apple Developer account and strict guideline compliance. Google Play Store (Android): Faster approval but still requires detailed app info. You’ll also need metadata in both English and Arabic — titles, descriptions, and screenshots — to maximize visibility among Saudi users. Step 8: Market Your App in Saudi Arabia Launching an app is only the beginning. You need a marketing strategy tailored to the Kingdom: App Store Optimization (ASO): Use Arabic and English keywords. Social Media Campaigns: Leverage platforms like Snapchat, Twitter (X), and Instagram, which are highly popular in Saudi Arabia. Influencer Marketing: Collaborate with Saudi influencers for early traction. Paid Ads: Google Ads and Saudi-focused Facebook/Instagram ads. Partnerships: Collaborate with local businesses to reach a wider audience. Step 9: Gather Feedback and Optimize Once your app is live, monitor: User reviews on app stores Analytics on engagement, retention, and churn rates Suggestions from Saudi users for culturally relevant features Continuous updates and improvements are vital to stay competitive. Step 10: Scale With Advanced Features Once your MVP gains traction, you can expand with advanced features such as: AI and machine learning for personalization Blockchain-based payments for fintech apps AR/VR features for retail and gaming apps IoT integration for smart home and mobility solutions Saudi Arabia’s digital ecosystem is growing rapidly — apps that adapt quickly will thrive. Conclusion Mobile app development in Saudi Arabia is not just about building an app — it’s about aligning with Vision 2030, cultural needs, and user expectations. By following a clear process — from idea validation to launch and beyond — you can transform your concept into a profitable digital product. Whether you’re a startup or an enterprise in Saudi Arabia, the opportunity is massive. With the right strategy, you can move from idea to App Store and create an app that truly resonates with Saudi users. From Idea to App Store: The Complete Guide to Mobile App Development in Saudi Arabia was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
Share
Medium2025/09/18 14:46