A certain whale address transferred 3,500 BTC after being dormant for 3 years, worth 408 million dollars, with a profit of 305 million, +294%.

This whale withdrew coins from Gemini, and now it's awake and making a big profit. This is linked to ancient Bitcoin whales turning to long positions in ETH with a floating profit of 161 million, suggesting that old money is shifting from BTC to ETH.

I admire this operation, especially with ETH breaking 4,700 and XRP exceeding 3 dollars; the market rotation is evident. But be cautious of liquidation waves, as there have been 526 million across the entire network in the past 12 hours.

In the coming week, if more whales follow suit, ETH may continue to lead, while BTC needs to be cautious of pullbacks. It's advisable to pay attention to on-chain data and not to blindly follow.