On-chain analytics show the “Bitcoin OG” whale sold 4,000 BTC worth $435 million and acquired 96,859 ETH over a 12-hour weekend span, boosting its Ethereum holdings to $3.8 billion. This rotation follows an earlier sale of 100,784 BTC for diversification purposes.
Industry experts interpret the whale’s behavior as evidence of crypto market maturation. The coalescence of positive regulatory developments, such as the GENIUS Act on stablecoins, has bolstered confidence in alternative assets like Ether, encouraging large holders to balance their portfolios.
Analysts highlight that Ether’s staking yield potential and smart-contract utility position it as a productive asset class, complementing Bitcoin’s digital-gold role. Continued rotation by whales could set the stage for a sustained altseason, with Solana and other layer-1 coins as subsequent beneficiaries.
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