📊👀 #ETH Altcoin Vector: 197 weeks since ETH’s November 2021 ATH. With Ethereum driving rotation and torque for alts, once it consolidates above ATH, Impulse will signal the start of Alts lift-off.
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🚨 Major Shift in Whale Strategy! Two OG #Bitcoin whales — who collectively acquired 100,784 $BTC (then $640M) 7 years ago — are now shifting gears to go long on $ETH by selling off massive amounts of $BTC!
Here’s the breakdown from the last 2 days:
🔹 Sold 4,621.9 $BTC (~$523.5M) at $113,265 via 3 wallets.
🔹 Bought and then store 82,398 $ETH (~$353.65M) at $4,292 across 2 wallets.
🔹 Opened a massive 135,265 $ETH (now $583.7M) long position on #Hyperliquid across 5 wallets, with liquidation prices mostly ranging from $3,487.4 to $3,612.
🔹 Still hold 84,645 $BTC ($9.55B) across 7 wallets.
Here’s the breakdown from the last 2 days:
🔹 Sold 4,621.9 $BTC (~$523.5M) at $113,265 via 3 wallets.
🔹 Bought and then store 82,398 $ETH (~$353.65M) at $4,292 across 2 wallets.
🔹 Opened a massive 135,265 $ETH (now $583.7M) long position on #Hyperliquid across 5 wallets, with liquidation prices mostly ranging from $3,487.4 to $3,612.
🔹 Still hold 84,645 $BTC ($9.55B) across 7 wallets.
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🚨 Bullish news for #XRP
Asset managers Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree filed amended S-1s for spot XRP ETFs, adjusting structures to allow XRP or cash creations and cash or in-kind redemptions. Bloomberg ETF analyst James Seyffart said the updates were “almost certainly due to SEC feedback,” calling it a good but expected sign.
Asset managers Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree filed amended S-1s for spot XRP ETFs, adjusting structures to allow XRP or cash creations and cash or in-kind redemptions. Bloomberg ETF analyst James Seyffart said the updates were “almost certainly due to SEC feedback,” calling it a good but expected sign.
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FYI: 🟠 A $1,000 BITCOIN INVESTMENT IN 2010 WOULD BE WORTH $2 BILLION TODAY 🤯
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