Whales Go All-In As Bitcoin, Ethereum ETFs Record $4.5 Billion Inflows
PositiveCryptocurrency

Whales are making significant moves in the cryptocurrency market, coinciding with a remarkable week for Bitcoin and Ethereum ETFs, which saw inflows of $4.5 billion. This surge in investment indicates a renewed confidence among large investors, as many are transferring their assets from exchanges to self-custody wallets. The data from on-chain tracker Lookonchain highlights this trend, showing that newly created wallets are withdrawing substantial amounts of Bitcoin and Ethereum. This shift not only reflects the growing interest in these digital assets but also suggests a strategic approach by whales to secure their holdings.
— Curated by the World Pulse Now AI Editorial System