Crypto whales buy $456M Ether in "natural rotation" from Bitcoin
Summary by Cointelegraph
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Crypto Whales Accumulate $456 Million In Ether As Capital Rotates From Bitcoin - FinanceFeeds
A group of cryptocurrency “whales” has bought nearly half a billion dollars’ worth of ether in recent days, as investors appear to be moving capital away from bitcoin into altcoins with stronger upside potential, according to blockchain data. Nine large wallets acquired about $456 million of ether (ETH) from custody providers BitGo and Galaxy Digital, analytics firm Arkham said in a post on X on Tuesday. Ether, the world’s second-largest cryptoc…
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