The post A legendary Bitcoin whale just made a $3.8B bet on Ethereum – Details appeared on BitcoinEthereumNews.com.

Journalist Posted: September 1, 2025 ETH: Strength in numbers Whale transaction counts for transfers over $1 million spiked through August, coinciding with ETH’s climb above $4,300. Big players have been actively repositioning, adding momentum. Source: Santiment At the same time, ETH’s Futures Open Interest surged past $70 billion before settling near $60 billion. Spot and derivatives markets are aligning behind Ethereum, with whales providing liquidity on one end and traders increasing exposure on the other. Source: CoinGlass ETH holds steady At press time, Ethereum traded near $4,390, moving sideways after its strong rally earlier in August. The daily chart showed little momentum, with the RSI indicating a neutral zone. The MACD also pointed lower, so short-term momentum had slowed even as prices stayed stable. Source: TradingView This period of consolidation showed ETH was pausing after recent gains, while whales continued to buy into the dips. The market looks to be in a cooling phase for now, but ready for its next move. Next: Metaplanet’s Bitcoin strategy on the ropes after 54% decline – Details Source: https://ambcrypto.com/a-legendary-bitcoin-whale-just-made-a-3-8b-bet-on-ethereum-details/

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Filed under: News - @ September 1, 2025 9:29 am