#Whale.Alert

🚨 Crypto whale revived after 7 years of sleep

A whale that received 100,784 BTC ($642M) back in 2017 has unexpectedly returned to the market.

And what’s interesting is that instead of Bitcoin, he is betting on Ethereum:

🔹 sold some $BTC and bought 62,914 ETH (~$267M)

🔹 opened a long position at 135,265 $ETH (~$577M)

Another whale with a similar pattern is also selling BTC to get into ETH. In total, his wallets still hold 83,585 BTC (~$9.42B).

📈 Meanwhile, a record $8.3B in open ETH futures was recorded on CME.

Massive institutional flows into ETH-ETFs fuel expectations that ether may start to overtake BTC.

Current prices:

• ETH $4,341 (+1.08% / 24h)

• BTC $113,009 (-0.6% / 24h)