NewsBTC

26 April 2025

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Ethereum Whales Sell Over 63,000 ETH While Bitcoin Investors Accumulate

Recent on-chain data reveals a divergence in the behaviors of Ethereum and Bitcoin key holders. Ethereum whales, defined as entities holding between 1,000 and 10,000 ETH, have sold over 63,000 ETH (approximately $113.5 million) during a recent price rally, indicating profit-taking. The total supply of these whales has declined, reflecting their selling activity.

Key Points

• Ethereum whales have offloaded more than 63,000 ETH.
• The selloff coincided with an ETH price recovery.
• In contrast, Bitcoin key holders, including sharks and whales, have accumulated 19,255 BTC during the same period.
• Bitcoin’s accumulation may suggest a more sustainable rally compared to Ethereum's.
• Recent Bitcoin inflows into spot ETFs are the highest in months, driven by institutional interest.

As of now, Ethereum is trading around $1,800, up over 12% in the past week.