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Crypto

Whale Transactions Reveal Divergent Strategies for BTC and ETH

Guavy AI Editorial Team
Instruments
BTC ETH XRP
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Bitcoin has been stuck in a sideways trading pattern between $82,000 and $85,000 over the past few days after experiencing a correction following its surge above $87,000 two weeks ago.

An analysis of whale transactions by Ali Martinez revealed that BTC whales are reducing their assets while ETH whales are accumulating them.

According to Martinez, Bitcoin whales decreased their holdings by approximately 30,000 BTC in the past week, whereas Ethereum whales accumulated around 60,000 ETH during the same period.

XRP whales, on the other hand, showed no significant changes in their positions, with their total holdings remaining stable at around 3.9 billion XRP.

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