Ancient Bitcoin Whale Invests Heavily in Ethereum

A significant move by a long-dormant cryptocurrency whale has shifted focus from Bitcoin to Ethereum, fueling a new wave of interest in the altcoin. This veteran trader sold a substantial 2,970 BTC, a sum worth around $334 million, and immediately invested that capital into ETH, amassing over 185,000 coins according to blockchain network analysis. This whale’s sudden shift is being closely monitored by experts who suggest it could signal a significant market change.