Recent blockchain data reveals diverging trends among cryptocurrency whales, with Ethereum wallet accumulation sharply rising while Bitcoin holdings decline slightly. Over a 14-day period, wallets containing at least 10,000 ETH increased by 8%, signaling robust investor confidence. Meanwhile, addresses holding 1,000 BTC or more decreased by 1.61% during the same timeframe.
The significant ETH accumulation occurred amid substantial price appreciation for Ethereum, which surged 52% over 30 days to trade near $3,805. In contrast, Bitcoin registered a more modest 9% monthly gain, stabilizing around $117,966.
Notably, top Ethereum holders acquired over 220,000 ETH – valued at approximately $840 million – within a concentrated 48-hour buying period. On-chain analysis confirms no substantial Bitcoin sell-offs occurred to fund these purchases, indicating fresh capital is driving Ethereum’s momentum rather than redirected Bitcoin profits.
Simultaneously, Bitcoin’s realized capitalization reached a record $1.018 trillion, underscoring persistent institutional demand despite reduced whale activity. This milestone highlights Bitcoin’s maturing investor base as Ethereum attracts new speculative interest.