Since the largest bitcoin holders reduce their positions, the number of Ethereum whale whale is increasing, which is increasing speculation about the potential Altcoin rotation led by ETHEREUM.
summary
- ETH WHALE Governor jumped 8 % while BTC whales fell by 1.61 % in two weeks.
- 840 million dollars from ETH was bought by the best holders in 48 hours.
- Cryptoquant data indicates that ETH gains stem from new flows, not the sale of BTC and rotation.
According to Blockchain Data Santiment shared it on July 29, the number of wallets that retains at least 1000 Bitcoin (BTC) has decreased by 1.61 % in the past two weeks. On the other hand, the ETHEREUM (ETH) portfolios (ETH) has grown at least 10,000 ETH, which is a clear difference in whale activity between the leading cryptocurrencies.
In another mail On X on the same day, Ali Martinez, the famous analyst, stated that some of the largest ETHEREUM holders accumulate more than 220,000 ETH, at a value of about $ 840 million, in the previous 48 hours. The scope of this talk about the rotation of the capital from Bitcoin to Ethereum has often seen at the beginning of the Altcoin cycle.
Ethereum whales accumulate, but not at the account of Bitcoin
Although ETH is increasing, the data on the chain does not show any major transformation in the Bitcoin capital to Ethereum. separate analysis By Cryptoquant’s Carmelo Alemán, no clear sign shows the sale of bitcoin holders to buy ETH. Bitcoin’s achieved value has recently reached the highest new level ever at $ 1.018 trillion, indicating continued capital and accumulation flows, not external flows.
Aleman argues that the ETHEREUM collection is paid with a new capital that enters the ecosystem, not with money to move from bitcoin. Both assets seem to benefit from increasing attention instead of competing for the same liquidity.
Eth Outpace BTC in recent weeks
At the time of the press, Ethereum is trading at $ 3,805, an increase of 52 % over the past thirty days and 2 % last week. Bitcoin increased by 9 % a month and 0.6 % last week, with $ 117,966.
While Bitcoin has seen a stronger institutional demand based on capital flows, ETHEREM flows have grown at a higher rate. It is expected to increase the value of ETH in the coming months, is expected to increase the value of ETH in the coming months, is expected to increase the value of ETH in the coming months, is expected to increase the value of the ETH in the coming months, the value of the ETH is expected to increase in the coming months, the increase in Etrentiols is expected Influencing flows
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2025-07-30 06:42:00
