A Bitcoin OG (early holder) has started shifting billions from $BTC → $ETH 👀
🔑 Details: • Just sold 4K BTC ($437M) and bought 96K ETH (~$443M) • In total, last week he rotated 30K+ BTC (~$3.3B) into ETH • All ETH is staked (earning yield, less chance of selling soon)
📊 Market Impact: • BTC slipped near $109K from the selling pressure • ETH pumped to $4.6K, showing strong demand
💡 Why? The whale seems more bullish on ETH’s growth (DeFi, staking, upgrades) than BTC in the short term.
👉 Bottom line: This could be a bullish signal for ETH and short-term pressure on BTC.
🔥 TODAY: #BlackRock has acquired 568 $BTC ($62.6M) and 65,901.69 $ETH ($292.65M), marking another major wave of institutional #crypto buying. 📈 #CryptoCommunity