According to Lookonchain, 8 whale wallets withdrew 14.35M $USDC from Hyperliquid after closing a long position on $ETH, securing profits. This significant movement indicates a strategic exit by large investors following a profitable trade, potentially signaling a shift in market sentiment or strategy among major players. Source: Lookonchain tweet dated March 12, 2025.

According to Lookonchain, three wallets, likely owned by the same whale, have utilized $39.85 million DAI to purchase 16,114 ETH at the rate of $2,473 per ETH over the past two hours. These wallets had previously sold 7,227 ETH for $23.46 million at $3,246 on January 13. This move indicates a strategic buyback at a lower price point, potentially signaling confidence in future ETH price appreciation.

According to MistTrack, significant amounts of Ethereum have been transferred from whale wallets to exchanges, indicating potential sell pressure in the market. This movement could lead to increased volatility and impact Ethereum's price negatively. Traders should monitor these wallet activities closely to anticipate further market movements.

According to Ai 姨, there is a discussion about how to interpret 'secondary market wallets,' specifically focusing on terms like 'smart money' and 'whale wallets.' These terms are crucial for traders as they refer to influential and substantial market players whose actions can significantly impact market trends and prices.