Whale sells $159M in BTC to buy 64,545 ETH worth $155M
- —Whale sold 1,917.7 BTC for $159M and bought 64,545 ETH for $155M in 11 days
- —ETH trades near $2,461, up 0.52% over the past 24 hours
- —ETH short positions fell from 14,000 to about 3,000 as longs rose to $365M
- —Key support sits at $2,370–2,380; a break above $2,415 is needed for a reversal
Why it matters: The rotation of large capital from BTC into ETH may signal shifting sentiment, though a confirmed trend is still lacking.
Source: Coin Türk