Market Shock: Whales Dump BTC, Pour Money Into Ethereum – A Sign for the Overthrow in 2025?

A large Bitcoin "whale" has started to sell off a significant amount of BTC while accumulating ETH. The activities of these "whales" often impact sentiment and liquidity, with the amount of accumulated ETH rising rapidly as BTC reserves decrease, amid analysts following whether the "conviction" of whales could shift the balance between the two largest cryptocurrencies. Whales Open Position 15,000 BTC A Bitcoin "whale" that once held 15,000 BTC is selling a large amount of BTC and buying ETH, creating a wave in the cryptocurrency market. Analyst CryptoGucci revealed on X that this wallet, which originally held 15,000 BTC, was moved from cold storage 7 years ago and has sold thousands of BTC while acquiring a large amount of ETH. In the past 24 hours, this "whale" has sent 2,370 BTC, worth 266 million dollars, to exchanges and continuously sells more BTC every few hours. This "whale" has accumulated ETH on a large scale. Currently, this "whale" holds 167,629 ETH across 5 wallets, worth 706 million dollars, allocated to spot ETH positions, perpetual contracts, and Aave ETH in WETH and aEthWETH. Ethereum is quickly attracting attention within corporate treasuries. According to an update from CryptoRank_io, publicly traded companies currently hold 2% of the total ETH supply, marking a significant milestone in institutional adoption. Since April 1st, the amount of ETH held by businesses has skyrocketed from 70 million dollars to an impressive 10.9 billion dollars, reflecting the growing trust of institutions.

During the same period, the amount of BTC held by public companies also increased from 3.07% to 3.93% of the total supply, indicating a stable accumulation of both of these leading cryptocurrencies. BitMine is leading, currently holding over 1.5 million ETH, becoming the ETH vault of the largest companies in the world. Market Position of Bitcoin and Ethereum HolaItsAk47 also mentioned that the discussion about the price increase in 2025 is heating up, and ETH is continuously being mentioned. For many years, Bitcoin has dominated the cryptocurrency market with an undisputed leading position. This time, the fundamentals suggest that ETH is not only catching up to BTC but may also lead in the future finance sector.

With ETH leading the race for stablecoin dominance, this network is becoming the backbone of digital finance, hosting top stablecoins like USDC, USDT, etc. Additionally, the clear regulations of the GENIUS Act are becoming increasingly evident, paving the way for the adoption by organizations without affecting the network's utility. With billions of dollars flowing into Ethereum ETF funds and increasing corporate bonds, ETH is attracting significant attention from institutions. The Dencun upgrade, which reduces transaction fees by up to 98%, has greatly improved scalability and usability. DeFi and tokenization remain the main foundations for decentralized finance and tokenized assets in ETH, further reinforcing its central role in Web3.