ETH Strengthens vs BTC as Whales Load Up - Altseason on the Horizon? š
$ETH is showing strength againstĀ $BTC , with the ETH/BTC pair up 7% over the past three days, trading around 0.0367 BTC. ETH itself surged 3% on Dec 10 toĀ $3,427, giving it a fully diluted valuation of roughlyĀ $408B. Meanwhile, BTC hovered nearĀ $92.4K ahead of the last FOMC meeting of 2025.
On-chain data from Santiment highlights renewed whale demand driving the rally. Accounts holding 100ā100K ETH added 924,240 ETH over three weeks, now controlling 55.45M ETH. Retail holders (<0.1 ETH) dumped 1,041 coins, a pattern historically signaling bullish momentum when whales accumulate amid retail capitulation.
Capital rotation from BTC to ETH and altcoins is accelerating, underpinned by a clearer regulatory outlook. Analyst Tom Lee projects ETH could averageĀ $12K, with an upside ofĀ $22K, potentially sparking a parabolic rally across altcoins.
Altseason may be closer than many expect - all eyes on ETH. šš„
#ETFvsBTC
