Ahmet Bedirhan Arvas 
A remarkable development has taken place in the crypto market. Large investors, known as “whales,” shifted their profits from Bitcoin’s recent surge into Ethereum (ETH). In recent days, a total of $456 million worth of ETH purchases has been recorded, turning investors’ attention toward a potential altcoin season in 2025.
Capital Rotation from Bitcoin to Ethereum
According to data shared by blockchain analytics firm Arkham Intelligence, nine major whale addresses purchased a total of $456 million worth of Ethereum through BitGo and Galaxy Digital. This move indicates that the long-anticipated “natural rotation” process in the market is accelerating.
You may also find this article interesting: Thailand Plans to Become a New Hub for Blockchain and Crypto
Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen, stated that this movement is the result of investors reallocating their profits from Bitcoin’s surge into other assets. Sondergaard added, “Ethereum, in particular, is benefiting the most from this flow due to institutional interest and the expansion of its ecosystem.”
Crypto analyst Willy Woo also highlighted the recent capital inflows into ETH. Woo emphasized that Ethereum is now seeing an average daily inflow of $900 million, bringing it close to Bitcoin’s capital inflows. These comments followed last week’s move by a Bitcoin whale with a fortune of $11 billion, who sold $2.59 billion worth of BTC and subsequently bought $2.2 billion worth of spot Ethereum. The same investor also opened a $577 million long ETH position on the decentralized exchange Hyperliquid.
For the latest breaking crypto news, click here.