Bitcoin’s Biggest Holdings Shift: Whales Favor Ethereum Over BTC

Despite a recent decline in Bitcoin investment product inflows, institutional and whale activity indicates a growing preference for Ethereum. Data reveals that while ETF holdings are still dominant (holding over 1.47 million BTC), large investors like whales have been aggressively shifting their investments to ETH. One notable example shows a significant move with a whale dumping 4,000 BTC to acquire nearly 97,000 ETH and this trend has continued with other whales selling Bitcoin while buying Ethereum.