#BTCWhalesMoveToETH Market Highlights & Signals

1. Major Bitcoin Sell-Off & Liquidations

A crypto whale offloaded 24,000 BTC (approx. $2.7 billion) in early August, triggering $900 million in forced liquidations and a sudden $4,000 plunge in Bitcoin’s price. The sell-off caused a shift toward Ethereum, with ETH/BTC ratio surging and Ethereum’s institutional holdings rising 68% since December 2024 .

2.

Ethereum Resilient — New All-Time Highs

Ethereum hit a new all-time high (ATH) around $4,900, though modest pullbacks followed. Its relative strength compared to Bitcoin continues to grow .