Bitcoin Surge Sparks Ethereum Activity, Unknown Whales Buy Big

Bitcoin’s recent price surge has ignited bullish activity in the cryptocurrency market, with unknown whales increasing their ETH holdings. Meanwhile, a dormant ETH whale is emerging after five years of partial dormancy, adding to this trend of increased buying activity. Analysts attribute this growth to both DeFi expansion and institutional investments. 3 consecutive new Bitcoin ATH’s have led to Ethereum whales moving assets after years of inactivity. An unknown whale has just purchased $86 million worth of ETH, signaling strong confidence in the potential for ETH price increases.