- 4,000 ETH moved by whale 0x3c9E to DeFi platforms.
- Ethereum price surge follows whale activity.
- Increased Total Value Locked on Aave and Compound.

The whale wallet 0x3c9E has moved 4,000 ETH from Kraken to the DeFi platforms Aave and Compound in the last 18 hours.
These actions by whale 0x3c9E could signal growing institutional interest and impact Ethereumโs value positively.
Whale wallet 0x3c9E recently executed large transactions involving 4,000 ETH withdrawals from Kraken, subsequently depositing them into DeFi platforms such as Aave and Compound. The identity behind 0x3c9E remains publicly undisclosed. These movements indicate a significant shift in ETH positioning.
Significant blockchain activities include 0x3c9Eโs transaction, boosting DeFi platformsโ Total Value Locked (TVL). As the transaction unfolded, Ethereumโs price experienced a notable surge, crossing $2,800. Such trends highlight whale movementsโ influence on market conditions.
ETHโs price surge can be attributed directly to these DeFi transactions, recently recorded by on-chain analysts such as Lookonchain. Importantly, no statements from high-profile figures or institutional press releases have been documented concerning these recent movements.
Lookonchain, On-chain Data Analyst, โNewly created wallet 0x35fb withdrew 54,125 $ETH ($151M) from #Kraken in the past 16 hoursโฆโ
Historically, whale inflows to DeFi have preceded price surges, providing liquidity to platforms. Ethereum, Aave, and Compound, along with stablecoins, could experience indirect effects from this whale activity. The lack of official, high-profile commentary further suggests marketโs reliance on on-chain data.
Potential long-term outcomes may include positive regulatory acknowledgment of DeFiโs growth facilitated by institutional players. Historical trends from past DeFi bull runs suggest similar whale activities have profound market and technological implications, indicating an evolving landscape for Ethereum and related DeFi protocols.