Ethereum showed fresh buying pressure this week after reports that a major Bitcoin whale dramatically increased its Ether holdings, a move market watchers say could reshape short-term flows.
Major Whale Moves Into Ether
According to reports, one of the earliest and most influential Bitcoin whales bought roughly 820,220 ETH over the course of two weeks, a haul valued at about $3.6 billion at current prices.
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The purchases were logged across multiple addresses and have drawn attention because they represent a large transfer of capital into Ether rather than Bitcoin.
Traders say such concentrated accumulation can lift sentiment and draw other large holders into the market.
Ethereum’s latest trading performance has mirrored the big move. At the time of reporting, ETH traded around $4,390, with a
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