BlockDAG Sees Whale Sell-Off, Solana Fails Breakout & BlockDAG Drops 25M BDAG in High-Stakes Buyer Battles

Ethereum whales are quietly offloading millions while Solana tries to climb, but stalls just under key resistance.

Ethereum (ETH) is showing interesting price action as it trades above $1,800 but faces resistance at the $1,850-$2,000 range, which is crucial for bulls to reclaim to stitch together a strong bullish momentum.

However, broader macroeconomic issues, including increased US-China tensions and a weak global economy, continue to exert pressure on the crypto market.

In other developments, large Ethereum (ETH) holders, known as whales, have been quietly selling large amounts of ETH. Recent data shows that these ETH whales sold approximately 262,000 ETH, valued at $445 million, during a period of rising prices.

This suggests that they might be booking profits as ETH climbs higher. Such significant selling activity can impact the crypto’s price trends, especially if buyers don’t step in to absorb the sold coins.

Despite showing strength in shorter-term timeframes, ETH/USD is still facing difficulties breaking through key resistance levels.

Short-term charts indicate that the selling pressure may pause, allowing for a period of consolidation or even a slight rebound. However, the large ETH (ETH) volumes sold at higher price ranges suggest that these major investors anticipate more price volatility in the coming days.

Solana (SOL) price action has been holding up well above $145, showing surprising strength as the market wobbles. But buyers are struggling to push through the $155 resistance zone, which many analysts see as the next big test for Solana.

A break above it could open the way for a steeper move toward $240, but failure might bring a steeper correction back to $120-$130.

Solana’s monthly candle recently closed green, signaling strength as it tries to reclaim lost ground. Analysts like Jelle on Crypto trader alert that anything below $142-$145 might bring another leg down.

Traders are now watching the $155-$160 range closely. If SOL manages to sustain itself above that zone, it could trigger a wider breakout, impacting other major coins.

If not, we might see a steeper drop from here as sellers take control. Solana price action is heating up, but bulls need to stay sharp to keep control in this crucial phase.

BlockDAG is heating up its presale with a unique twist: introducing Buyer Battles. Every 24 hours, 25 million BlockDAG (BDAG) coins will be released for buyers to compete for in this high-stakes showdown.

The twist? If any BlockDAG coins remain unsold, the entire remaining amount will be awarded to the day’s biggest buyer as an extra bonus.

This unique addition to BlockDAG’s presale strategy creates an interesting dynamic. It’s not just about getting a piece of the crypto but about making the strongest move to claim the biggest reward.

The setup invites buyers to use strategy in their approach, rendering the 'best time to buy' irrelevant. It’s not about being first, but about making the boldest move at the right moment.

This new addition comes as BlockDAG prepares for the next phase of its journey. With exchange listings confirmed, BlockDAG is rapidly approaching the exit of presale mode.

Currently, the priority is registering for the last entry at $0.0019, available until 13th May, 7 PM UK time. After that, the price will shift back to $0.0262 per BlockDAG.

The results so far are impressive: $225 million has been raised, over 19.6 billion coins have been sold, and more than 17,000 miners have claimed their share until the 28th batch.

This makes BlockDAG the top-performing crypto of 2025 so far. Every day brings a fresh chance to win big with BlockDAG.