The giant whale is actively shifting from BTC to ETH
An interesting trend has emerged in the past month: large wallets have started to significantly buy ETH while reducing their Bitcoin holdings.
As shown in the image
A certain giant whale sold BTC worth $45.35 million and immediately exchanged $45.24 million for ETH.
In the past three weeks, this address has cumulatively purchased Ethereum worth $181.42 million.
Similar wallets have noticeably increased recently, particularly in the last two weeks. Although there have been instances of BTC being converted to ETH before, it has never reached the current scale and activity level.
It is recommended to pay close attention to ETH. Even at the price level of $3,000, it still possesses strong long-term investment value.
