From Bitcoin to Ethereum as Whales and Macroeconomics Converge
The crypto market is undergoing a subtle but significant structural shift, driven by the interplay of whale behavior and macroeconomic forces. Over the past quarter, major Bitcoin whales have systematically rotated capital into Ethereum, a trend that reflects deeper changes in investor sentiment and market dynamics. This shift is not merely speculative—it is a response to evolving regulatory clarity, macroeconomic tailwinds, and Ethereum’s growing utility as a settlement and innovation layer.
Whale Activity: A Canary in the Coal Mine
Bitcoin’s dominance has fallen to 57.94% from 61%, signaling a strategic reallocation of capital by institutional and whale investors [3]. A $2.7 billion Bitcoin sell-off in late August 2025…
