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Trading King

08/27 13:50

Ethereum Gains Momentum

Ethereum Gains Momentum as Bitcoin Whale Swaps $3B from BTC
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  • $3B Whale Rotation – A Bitcoin OG shifted nearly $3B from BTC to ETH in one week, signaling historic reallocation.
  • Ethereum Strengthens – Rapid spot accumulation highlights ETH’s growing dominance and appeal as a long-term institutional asset.
  • Bitcoin Stalls – BTC consolidates near $110K as momentum weakens, while ETH gains from aggressive whale-driven capital flows.
A prominent Bitcoin whale has executed a large-scale rotation of nearly $3 billion into Ethereum within one week. The reallocation marks one of the most aggressive shifts between the two leading cryptocurrencies this year. It highlights Ethereum’s growing role as a preferred asset among major holders.

The whale closed 96,452 ETH longs worth $433 million, securing profits before moving into direct spot purchases. Within 14 hours, he sold 3,968 BTC valued at $437 million and accumulated 96,531 ETH worth $443 million. In total, holdings increased to over 641,000 ETH valued at $2.94 billion.

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