๐ Whale Wallets Just Moved โ What It Means for BTC & ETH
Over the past 24 hours, on-chain trackers have flagged multiple large BTC and ETH transactions from wallets holding over 10,000 BTC and 50,000 ETH. These werenโt small shuffles โ we're talking movements worth hundreds of millions of dollars, mostly into cold wallets and OTC addresses.
This kind of activity often signals accumulation or positioning for a big market move. Notably, these transfers happened as BTC holds above $64K and ETH trades near $3,500 โ key zones for a breakout or breakdown.
Historically, when whales move funds off exchanges, it's a bullish signal, suggesting theyโre storing, not selling. For ETH, it aligns with rising staking deposits and renewed interest ahead of the upcoming โOsakaโ upgrade.
If BTC breaks above $66K with strong volume, it could trigger rapid upside movement โ and these whale moves might be early clues. ETH also looks poised for momentum if it reclaims $3,600+ with support from smart money.
๐ Smart traders follow the money โ and right now, the money is quietly positioning.
Whatโs your take โ are whales preparing for a pump, or hedging for uncertainty?
