🔥 ETH takes the lead! A whale withdraws nearly 2,000 BTC in 5 minutes, while $100M in USDC firepower enters the market
1️⃣ On-chain: Between 19:47 and 19:52 Taipei time, Whale Alert reported three consecutive transfers totaling about 1,955 BTC (646 + 646 + 662, worth approximately $157 million) from Coinbase Institutional to unknown wallets. The transfers have been verified on-chain via the mempool. Institutional-grade funds leaving exchanges are usually being moved into custody, reducing the supply available for sale.
2️⃣ Firepower: At around 18:25, approximately 102.9 million USDC moved from an unknown wallet to Binance (verified on-chain via Solana). Large amounts of stablecoins are flowing into exchanges, replenishing the market's buying firepower.
3️⃣ Market: $ETH is around $2,418, up 4% in 24 hours and clearly outperforming $BTC (around $80,230, up 2.4%, with a 24-hour range of $78.0K–$81.2K).
4️⃣ KOLs: Michaël van de Poppe says ETH is performing much more strongly than Bitcoin and expects it to break out and challenge $3,000, with $2,300 as strong support and an ideal entry zone. He also says BTC holding $79,000 is a key signal of strength. Daan Crypto: “When everyone is asking whether the bull market is over, it usually isn't yet.”
💬 Which are you betting on to move first: ETH breaking through $3,000, or BTC holding above 82K? Share your thoughts below 👇
#ETH #BTC
$ETH $BTC
1️⃣ On-chain: Between 19:47 and 19:52 Taipei time, Whale Alert reported three consecutive transfers totaling about 1,955 BTC (646 + 646 + 662, worth approximately $157 million) from Coinbase Institutional to unknown wallets. The transfers have been verified on-chain via the mempool. Institutional-grade funds leaving exchanges are usually being moved into custody, reducing the supply available for sale.
2️⃣ Firepower: At around 18:25, approximately 102.9 million USDC moved from an unknown wallet to Binance (verified on-chain via Solana). Large amounts of stablecoins are flowing into exchanges, replenishing the market's buying firepower.
3️⃣ Market: $ETH is around $2,418, up 4% in 24 hours and clearly outperforming $BTC (around $80,230, up 2.4%, with a 24-hour range of $78.0K–$81.2K).
4️⃣ KOLs: Michaël van de Poppe says ETH is performing much more strongly than Bitcoin and expects it to break out and challenge $3,000, with $2,300 as strong support and an ideal entry zone. He also says BTC holding $79,000 is a key signal of strength. Daan Crypto: “When everyone is asking whether the bull market is over, it usually isn't yet.”
💬 Which are you betting on to move first: ETH breaking through $3,000, or BTC holding above 82K? Share your thoughts below 👇
#ETH #BTC
$ETH $BTC
