Cryptocurrency

Ethereum Price Sees Pressure After Large Sell-Off While BlockDAG Preps 10K Miner Shipments

Written By : IndustryTrends

Ethereum (ETH) price dropped below $1,600 after a whale sold over $6 million worth of ETH, putting short-term pressure on the market. Despite this, technical indicators suggest ETH may be on the verge of recovery, especially as it bounces back above $1,800. Meanwhile, Tether made headlines by adding 8,888 BTC—worth $7.8 billion—to its reserve.

While these two giants move cautiously, BlockDAG (BDAG) is taking a bold step. Keynote 3 confirmed that nearly 10,000 of its X-series miners will begin shipping before the mainnet launch. As BDAG price climbs to $0.0248 in Batch 27 and forecasts point to $1 by 2025, BlockDAG is becoming one of the best crypto coins to mine in 2025.

Ethereum (ETH) Price Impacted by Whale Activity

A sharp move by a major ETH holder sent ripples through the market. Over $6 million in ETH was sold, pushing Ethereum below $1,600. This drop has prompted concerns, although some indicators like RSI and MACD suggest potential for a rebound.

The Ethereum (ETH) price is now tied to broader economic conditions. Inflation reports and other economic data could sway the next big move. For now, ETH has recovered slightly, trading back above $1,800. Traders are watching closely to see if the bounce holds or if more downside lies ahead.

Tether News: BTC Holdings Grow to $7.8 Billion

In one of the most notable recent moves, Tether added 8,888 BTC to its reserve, bringing its total holdings to approximately $7.8 billion. This development in Tether news reflects a strategy focused on reinforcing its asset base.

Market watchers are now analyzing whether this addition will influence BTC price trends or broader stablecoin dynamics. Tether’s continued accumulation is raising new questions about the role of corporate buying power in shaping crypto markets.

BlockDAG Set to Ship 10K X-Series Miners Globally

BlockDAG has confirmed the upcoming shipment of nearly 10,000 X30 and X100 miners. These devices are already prepped and set for delivery before the mainnet goes live, marking a major phase of infrastructure deployment.

The X30 miner can produce up to 600 BDAG per day and is optimized for quiet, energy-efficient home use. In contrast, the X100 is built for higher output, delivering as much as 2,000 BDAG per day—making it a serious asset for early adopters.

At $0.0248 per coin and long-term projections of $1 by 2025, mining BDAG now could deliver a sizable return. BlockDAG’s presale supports this view: over $211.5 million raised, more than 19 billion coins sold, and 27 presale batches completed. Since launch, BDAG has grown 2,380% in value, going from $0.001 to its current price.

As more batches close, the entry price continues to rise. For those looking for the best crypto coin to mine in 2025, BDAG’s strong roadmap and fast execution offer a compelling case.

Final Thoughts

Ethereum may stabilize as macro factors evolve, and Tether’s growing reserves show confidence in Bitcoin. But BlockDAG is acting decisively. With 10,000 mining units shipping out and up to 2,000 BDAG in daily rewards, its growth path is active, not theoretical.

At $0.0248, BDAG offers a low entry point with strong upside potential. As supply shrinks and mining rewards kick in, early movers could secure better margins before difficulty increases. In a market full of waiting, BlockDAG is one project that’s already delivering.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

Why BlockDAG Is Being Compared to Kaspa as Its Presale Nears Jan 26 End

Zero Knowledge Proof (ZKP) Gains Momentum as Daily Auctions Drive Record Demand: Is This The Next 100x Crypto?

ZKP Nears the End of Its ‘Early’ Zone and 100x Expectations Rise! SHIB & XRP Show Little Momentum

$APRZ 22,300%+ ROI Buzz as Over 3.6B Tokens Sell: APEMARS Stage 3 Sparks as the Best 100x Crypto While BTC and Stellar Hold Key Levels

Ethereum Rallies & Chainlink Holds, While BlockDAG’s $0.003 to $0.05 Price Gap Creates Real Urgency