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Whales ditching Bitcoin for Ethereum? Santiment data suggests a shift


by Peter Mwangi
for CoinEdition

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On-chain charts showing a capital rotation in the crypto market, with Ethereum (ETH) whale accumulation on the rise while Bitcoin's falls.
  • Ethereum whale wallets rise 4% as large holders return during price rally.
  • Bitcoin whale wallets drop 1.8% amid price dip and increased market volatility.
  • ETH whale accumulation aligns with ETF inflows and sustained bullish momentum.

A telling divergence is appearing between the market’s largest players, as Ethereum is seeing an increase in large wallet activity while Bitcoin experiences a decline in whale participation.

Over the past week, the number of Ethereum whale wallets holding more than 10,000 ETH rose by 45, a 4% increase. During that same time, Bitcoin wallets holding 1,000 BTC or more dropped by 39, a 1.8% decrease.

Related: Bitcoin and Ethereum Whales Take Profits, Signaling Potential Dip

Data from Santiment shows that Ethereum’s rise in its whale wallet count has coincided with a strong price rally. Since late June, ETH climbed from below $2,100 to a high above $3,600. As of July 22, Ethereum was trading at $3,681.

The post Whales ditching Bitcoin for Ethereum? Santiment data suggests a shift appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 102.14K

-1.23%

$ 0.270

-5.82%

$ 3.43K

-1.41%

$ 0.00...361

$ 0.00


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In This News

Coins

$ 102.14K

-1.23%

$ 0.270

-5.82%

$ 3.43K

-1.41%

$ 0.00...361

$ 0.00


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Read More

Why Is Crypto Down Today? – November 12, 2025

Why Is Crypto Down Today? – November 12, 2025

The crypto market is down today. BTC fell to $103,854, and ETH is down to $3,459. Bit...
[LIVE] Crypto News Today: Latest Updates for Nov. 12, 2025 – Crypto Market Slumps as AI Tokens Lead 6% Sector Drop; Bitcoin Dips Below $104K

[LIVE] Crypto News Today: Latest Updates for Nov. 12, 2025 – Crypto Market Slumps as AI Tokens Lead 6% Sector Drop; Bitcoin Dips Below $104K

Follow up to the hour updates on what is happening in crypto today, November 12. Mark...

Whales ditching Bitcoin for Ethereum? Santiment data suggests a shift


by Peter Mwangi
for CoinEdition

Share:

On-chain charts showing a capital rotation in the crypto market, with Ethereum (ETH) whale accumulation on the rise while Bitcoin's falls.
  • Ethereum whale wallets rise 4% as large holders return during price rally.
  • Bitcoin whale wallets drop 1.8% amid price dip and increased market volatility.
  • ETH whale accumulation aligns with ETF inflows and sustained bullish momentum.

A telling divergence is appearing between the market’s largest players, as Ethereum is seeing an increase in large wallet activity while Bitcoin experiences a decline in whale participation.

Over the past week, the number of Ethereum whale wallets holding more than 10,000 ETH rose by 45, a 4% increase. During that same time, Bitcoin wallets holding 1,000 BTC or more dropped by 39, a 1.8% decrease.

Related: Bitcoin and Ethereum Whales Take Profits, Signaling Potential Dip

Data from Santiment shows that Ethereum’s rise in its whale wallet count has coincided with a strong price rally. Since late June, ETH climbed from below $2,100 to a high above $3,600. As of July 22, Ethereum was trading at $3,681.

The post Whales ditching Bitcoin for Ethereum? Santiment data suggests a shift appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 102.14K

-1.23%

$ 0.270

-5.82%

$ 3.43K

-1.41%

$ 0.00...361

$ 0.00


Share:

In This News

Coins

$ 102.14K

-1.23%

$ 0.270

-5.82%

$ 3.43K

-1.41%

$ 0.00...361

$ 0.00


Share:

Read More

Why Is Crypto Down Today? – November 12, 2025

Why Is Crypto Down Today? – November 12, 2025

The crypto market is down today. BTC fell to $103,854, and ETH is down to $3,459. Bit...
[LIVE] Crypto News Today: Latest Updates for Nov. 12, 2025 – Crypto Market Slumps as AI Tokens Lead 6% Sector Drop; Bitcoin Dips Below $104K

[LIVE] Crypto News Today: Latest Updates for Nov. 12, 2025 – Crypto Market Slumps as AI Tokens Lead 6% Sector Drop; Bitcoin Dips Below $104K

Follow up to the hour updates on what is happening in crypto today, November 12. Mark...