Data cited by analyst Alicharts shows a split in whale behavior over the past week. While Bitcoin traded sideways at elevated levels, large holders reduced their BTC positions by about 30,000 coins, with the value estimated at roughly $2.52 billion. Over the same period, Ethereum whales moved in the opposite direction, adding 60,000 ETH worth about $162 million. Alicharts said the divergence points to different market sentiment across the two assets. In the analyst’s view, the shift could signal that Ethereum may outperform Bitcoin in the short term. The figures were reported by BlockBeats on Oct. 1.
BlockBeats reported on Oct. 1, citing data from analyst Alicharts, that Bitcoin whales cut their holdings by about 30,000 BTC over the past week while the asset traded sideways at elevated levels. The amount was valued at roughly $2.52 billion.
During the same period, Ethereum whales added 60,000 ETH, worth about $162 million.
Alicharts said the divergence reflects different market sentiment across the two assets and could signal stronger short-term price performance for Ethereum than for Bitcoin.
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