Bitcoin Whale Shifts Gears: $76M Dump for Huge Ethereum Bet

A prominent cryptocurrency investor known for their long-term investment approach surprised the market by selling a significant portion of their Bitcoin holdings. This move, however, didn’t lead to cashing out; instead, the funds were immediately deployed into Ethereum. Data reveals this whale purchased 68,130 ETH (approximately $295 million) at the $4,300 level, leveraging the investment at a 10x ratio. This aggressive bet reflects their confidence in Ethereum’s future trajectory.