Big Bitcoin, which has been still still $114,825.77 Their assets of investors are Ethereum $4,753.88It was observed that he transferred to the remarkable size. The current data shared by the On-Chain Analysis platform Looks, these investors have launched the Bitcoins that they have acquired in the past and bought a significant amount of Ethereum. In recent years, both Bitcoin and Ethereum prices have decreased, while some analysts have a stronger appearance than Bitcoin.
Large investments and transaction volume draw attention
It was found that a wallet owner, who was still in still for about seven years, has recently moved 100,784 Bitcoin. The total market value of these assets was reported to be approximately 642 million dollars. This investor purchased 62,914 Ethereum with Bitcoins in his hand and created a transaction volume of approximately 267 million dollars in the spot market.
The same wallet owner also opened a long position of 135.265 Ethereum. This position was about $ 577 million worth of. In addition, another still Bitcoin investor made similar transfers through the Hyperliquid platform.
New Investment Orientations
Another major investor had previously had 85,947 Bitcoin. Recently, although this investor has moved some of its assets, it is still controlling 83,585 Bitcoin in six different wallets. The current value of these assets is about 9.42 billion dollars.
Recent investment movements coincided with a period in which Bitcoin and Ethereum prices were generally declined. Market analysts interpreted Ethereum’s durability against Bitcoin as a sign of a new rise potential. While new positions are opened in favor of ETH, some investors want to benefit from this momentum.
Market Response and Analyst Opinions
The capital from Bitcoin to Ethereum caused various interpretations in the markets. Experts, such large transfers are usually carried out by market makers and long -term investors. This change in investment strategies is thought to lead to additional price mobility on Ethereum in the coming days.
“The transfer of the capital out of the Great Bitcoin wallets to Ethereum has become a trend that we have frequently encountered in the recent period. This behavior may mean that some investors expect more return in Ethereum instead of Bitcoin,” he said.
It was emphasized that the receiving new positions of investors cannot be associated with short -term price movements and long -term strategic changes may be effective. According to experts, such investments can change the balances in the market and have significant effects on capital distribution.
As a result, the movements of large investors in the crypto money market continue to be closely monitored by all participants. It is considered that these developments may lead to more volatility in the crypto markets.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.