Santiment data shows crypto whales reduced large Bitcoin wallets by 1.61% over the past two weeks while boosting Ethereum holdings by 8%, signaling shifting accumulation trends.

Key Takeaways

Bitcoin whale wallets (10,000+ BTC) dropped by 1.61% in the last two weeks.

Ethereum whale wallets surged 8% over the same period, suggesting rising confidence.

Analysts see the trend as a possible rotation from BTC to ETH ahead of the next market phase.

Whales Rotate From BTC to ETH

Santiment’s on-chain monitoring data shows a notable shift in whale positioning:

The number of wallets holding at least 10,000 BTC fell by 1.61% in the past two weeks.

Meanwhile, wallets holding at least 10,000 ETH climbed 8%, showing growing whale interest in Ethereum.