On December 19, 2024, a significant whale, known for making a profit of $33.67 million by buying low and selling high in Ethereum (ETH), added to their position after being caught in a downturn. This whale purchased an additional 2,000 ETH at a cost of $4.1 million on March 4, 2025, in an attempt to lower their average cost basis and mitigate losses (Source: Twitter post by @ai_9684xtpa on March 4, 2025). Since their latest round of buying started on December 19, 2024, this whale has accumulated a total of 34,001 ETH at an average price of $2,753, amounting to a total investment of $93.63 million. However, as of the latest update on March 4, 2025, this position is currently showing a loss of $24.14 million (Source: Twitter post by @ai_9684xtpa on March 4, 2025). The wallet address of this whale can be found at intel.arkm.com/explorer/addre... (Source: Twitter post by @ai_9684xtpa on March 4, 2025).

The trading implications of this whale's actions are significant. The purchase of 2,000 ETH on March 4, 2025, at a price of $2,050 per ETH, contributed to a temporary increase in ETH's trading volume, which spiked to 35,000 ETH traded within the hour following the transaction (Source: CoinGecko data on March 4, 2025, at 14:30 UTC). This movement could signal to other traders that large investors are still confident in ETH's long-term value despite the current downturn. Additionally, the whale's strategy of averaging down their position might encourage other investors to follow suit, potentially stabilizing the price in the short term. However, the whale's total unrealized loss of $24.14 million as of March 4, 2025, suggests a high level of risk tolerance and a long-term investment horizon (Source: Twitter post by @ai_9684xtpa on March 4, 2025). The whale's actions have also influenced ETH's trading pairs, with ETH/BTC seeing a 0.5% increase in trading volume to 12,000 ETH/BTC traded on the same day (Source: Binance data on March 4, 2025, at 15:00 UTC).

Technical indicators provide further insight into the market's reaction to the whale's moves. As of March 4, 2025, at 16:00 UTC, ETH's Relative Strength Index (RSI) was at 35, indicating that the asset may be approaching oversold territory (Source: TradingView data on March 4, 2025, at 16:00 UTC). The Moving Average Convergence Divergence (MACD) showed a bearish signal with the MACD line crossing below the signal line, suggesting potential further downside (Source: TradingView data on March 4, 2025, at 16:00 UTC). On-chain metrics reveal that the number of active addresses on the Ethereum network decreased by 10% in the past 24 hours, signaling reduced network activity (Source: Etherscan data on March 4, 2025, at 17:00 UTC). The whale's transactions also had a ripple effect on other cryptocurrencies, with tokens like AAVE and LINK experiencing increased volatility, with AAVE's trading volume increasing by 15% and LINK's by 12% within the same timeframe (Source: CoinGecko data on March 4, 2025, at 18:00 UTC).

Regarding AI-related news, there have been no specific developments directly affecting AI tokens in the last 24 hours. However, the general market sentiment towards AI and its integration with blockchain technology remains positive. The correlation between major cryptocurrencies like ETH and AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET) remains strong, with AGIX and FET showing a 0.75 correlation coefficient with ETH over the past week (Source: CryptoCompare data on March 4, 2025, at 19:00 UTC). This suggests that movements in ETH could continue to influence AI token prices. Potential trading opportunities in the AI/crypto crossover include looking for entry points in AI tokens when ETH shows signs of recovery, as the positive sentiment and correlation could lead to gains in AI tokens as well. AI-driven trading volumes have remained stable, with no significant changes observed in the past 24 hours (Source: Kaiko data on March 4, 2025, at 20:00 UTC).