The FED announced its highly anticipated September interest rate decision last night, restarting the interest rate cut cycle with 25 basis points cuts in line with expectations.
While the FED is expected to continue reducing interest rates for the rest of 2025, whales have also become active following the FED’s interest rate cut.
According to Lookononchain’s post, the anonymous whale purchased $112.3 million worth of Ethereum (ETH) following the FED’s decision.
According to the data, an anonymous whale address starting with 0xd8d0 received 25,000 ETH worth $112.34 million from Wintermute immediately after the Fed’s interest rate cut announcement.
The transaction is believed to be an over-the-counter purchase at an average price of $4,493 per token.
Whale address 0x96F4 withdrew 15,200 ETH worth $70.44 million from Binance in the last hours.
Another anonymous whale address starting with 0x1370 spent 5.71 million USDC in the last 26 hours, buying 101,615 HYPE at $56.2.
While whales were buying in anticipation of a rise following the Fed’s interest rate cut decision, one whale sold Chainlink (LINK). According to Lookonchain’s post, a whale sold all 938,489 LINK tokens, worth $21.46 million, that he had purchased a month earlier at an average price of $22.87, making a profit of $212,000.
Finally, a degenerate investor reportedly opened two highly leveraged trades. According to the account, gambler 0x2226 opened a long position worth $82 million in 700 Bitcoin (BTC) with 40x leverage approximately four hours ago.
Additionally, this address opened a long position worth $29.6 million, with 120,000 Solana (SOL) and 20x leverage.
Liquidation prices were reportedly $114,560 for BTC and $231.35 for SO.
*This is not investment advice.