Bitcoin Whale’s $3B Ethereum Move Shifts Market Focus

A seasoned Bitcoin investor has initiated a significant shift in their holdings, converting over $3 billion worth of Bitcoin (BTC) to Ethereum (ETH). This move has boosted the ETH portfolio to nearly $4 billion as institutional investors become increasingly bullish on Ethereum. Driven by expanding DeFi applications and increased institutional investments, Ethereum’s price surged to new highs, with ETFs seeing record inflows.