Despite a recent decline in ETH prices, a massive investment by a prominent cryptocurrency whale has ignited optimism among market observers. The whale, known for its significant Bitcoin holdings, has been accumulating Ethereum at an unprecedented scale, pouring over $3 billion into the altcoin within days, with many of those holdings immediately staked. This move signals long-term commitment and belief in Ethereum’s continued dominance in DeFi and smart contracts. 1000s of millions of dollars worth of ETH have already been purchased, including a notable tranche of $434 million. Analysts are now wondering whether this is merely the beginning of a larger capital rotation from Bitcoin to altcoins.