🐋 Major players started to gradually switch from $BTC to $ETH
The market is redistributing capital, the number of addresses holding at least 1,000 bitcoins decreased by 1.61%, or 34 addresses. And at the same time, the number of addresses holding at least 10 thousand ETH increased by 8%, or 90 addresses. This trend indicates a growing interest in ether from whales, who are gradually increasing their holdings, seeing the potential in the development of the Ethereum network.
Recently, the Top 10 new ETH whales have emerged. Cumulatively, the 10 wallets have accumulated 648,000 coins worth $2.2 billion in 20 days. For example, the day before yesterday wallet 0x3dF3 bought another $45m worth of ETH. And he already has 112,972 ETH ($430m) on his balance. Average purchase price = $3662.
Bitcoin, despite its popularity, has started to slowly give way to other assets, especially in the context of institutional investments
