Bitcoin Whale Rotates Millions Into ETH as Key BTC Level Looms
Photo: CoinCentral
TLDR A Bitcoin whale sold 837.8 BTC worth $69.68 million to acquire 27,500 ETH. The whale purchased Ethereum at an average price of $2,534, shifting its exposure from Bitcoin. Another whale reportedly exchanged 229 BTC worth $19.1 million for 7,469.8 ETH. Bitcoin faces immediate resistance at $84,000 as traders monitor a potential breakout. Analyst Ali Martinez identifies 93,000–94,000 as a possible Bitcoin target following a confirmed breakout. A Bitcoin whale or institutional wallet has sold 837.8 BTC and purchased 27,500 Ether, according to on-chain analyst Ember.
Source: CoinCentral
