Long-Dormant Bitcoin Whale Bets Big On Ethereum Upside

Long-Dormant Bitcoin Whale Bets Big On Ethereum Upside

Long-Dormant Bitcoin Whale Bets Big On Ethereum Upside A bitcoin wallet dormant for seven years recently became active, selling a significant portion of its BTC and buying Ethereum. CoinTelegraph's Zoltan Vardai reports that a multi-billionaire Bitcoin whale is closing his recently opened Ether long positions and buying hundreds of millions worth of spot Ether, signaling that big investors are expecting more upside from the world’s second-larges…

Bitcoin Bulls Must Hold $110K Or Altseason Is Over – #CryptoUpdatesGNIT

Key points: Bitcoin selling is mainly attributed to large sales by whales, not a chance in BTC’s market structure. Despite the sharp market correction, Ether and BNB remain strong on the charts.  Bitcoin (BTC) bulls are defending the $110,530 support, but the bears have kept up the pressure. CoinShares reported $1 billion in net outflows from BTC exchange-traded products last week.  Investor interest seems to be shifting from BTC to Ether (ETH).…

Major Bitcoin Whale Rotates Between Ethereum Derivatives and Spot Markets

An $11 billion Bitcoin whale closed $450 million worth of Ethereum perpetual long positions on Monday while simultaneously purchasing $108 million in additional spot Ether. According to Cointelegraph, the whale closed the positions at an average Ethereum price of $4,735, securing $33 million in profit from the derivatives trades.The whale still maintains 40,212 ETH ($184 million) in long positions with over $11 million in unrealized profits, blo…

OG Whale Flips $2.6B Bitcoin Into Ethereum Positions – Details

Bitcoin is entering a critical consolidation phase after a week of heightened volatility and selling pressure. Following its surge to a new all-time high of $124,500 just ten days ago, BTC has since retraced by more than 10%, now struggling to hold the $115K level as support. This pullback signals potential buying exhaustion, with analysts warning of a possible deeper correction if momentum fails to recover. Market sentiment has shifted as trade…

$11B Bitcoin whale bets big on ETH upside, scoops up $108M spot Ether

The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years.