Crypto Market experienced a fluctuating performance over the weekend, with its total market capitalization rebounding on Sunday and soaking before maintaining profits on Monday.
Among this volatility, whale activities highlighted a variety of strategies, and made prominent purchases and sales across multiple crypto assets, including Ethereum (ETH) and Bitcoin (BTC).
Crypto whales implement diverse strategies amid the volatility of the market
Ethereum has recently attracted market attention amid bullish rally. Whales are no exception. After experiencing dip over the weekend, one seller, whale's address 0x3C9E, continued its aggressive sale of ETH.
Lookonchain reported that the whales offloaded a total of 33,682 ETHs for about $119 million in early August. Arthur Hayes, Chief Investment Officer of the Maelstrom Fund, has also sold 2,373 ETH, worth $8.32 million. Additionally, the executives settled:
“776 million ENA ($4.62 million) and 388.6 billion Pepe ($414,700),” posted by Lookonchain.
This sales could suggest a strategy to make a profit amid the uncertainty of the market. In contrast, other whales adopted a bullish stance.
Beincrypto reported that the whale has acquired $300 million in ETH. Additionally, Sharplink Gaming purchased 30,755 ETH for USD 108.57 million. The company currently owns 480,031 ETH, which is valued at approximately $1.65 billion.
Onchain Lens highlighted that another whale received 25,540 ETH from Falconx.
“Previously, the whales received 35,615 ETH, worth $130.11 million, sent in two wallets, infiltrated with Eth2.0, and are now facing a loss of $10 million,” the post read.
These acquisitions demonstrate confidence in the long-term value of ETH despite short-term fluctuations. Meanwhile, the Crypto whales have also adjusted their Bitcoin position.
Today, Metaplanet announced the addition of 463 BTC to its holdings. The company spent about $53.7 million to buy the stack. This stack averaged around $115,895 per coin.
“As of August 4, 2025, I have acquired 17,595 BTC at around $101,422 per Bitcoin, and I have acquired 17,595 bTC,” wrote Metaplanet CEO Simon Jerovich.
Additionally, El Salvador has increased its National Bitcoin Reserve to 6,258.18 BTC, currently worth around $788 million, strengthening its commitment to assets as a Treasury Reserve. Additionally, 12. A dormant address holding 306 BTC, which has been inactive for four years, was reactivated, causing speculation about the intentions of long-term holders.
Other tokens also attracted the attention of whales. On-chain analysts emphasized that high lipid (hype) whales (0x7be…480D8) increased their position by depositing 4.07 million USDC into high lipid exchanges and purchasing more hype tokens. This important purchase has pushed the wallet up to eight locations in the top holder rankings.
“Currently, he holds 487,209.95 hype (approximately $18.65 million), including the seeped-down portion, with unrealized profits of $1.535 million,” analysts said.
Meanwhile, Nansen has identified magicians, Aipepe and Chillhouse as tokens with the largest net influx of smart money over the weekend.
The weekend's whale movement revealed the outlook for a polarized market. Sales pressure from some crypto whales highlights divergent investment strategies with aggressive purchases by other entities.
However, the market rebounded on Sunday, and the continued profits today suggests that buying pressure could outweigh the sale.
