The encryption market is seeing the action of the whale once more. Ethereum wallets have grown in billions, Uni and Near are attracting intelligent money, and Magacoin Finance is drawing attention while merchants seek the next opportunity.
Bitcoin, Ethereum whales break billions in eth
Ethereum is back in the center of attention while the whales continue to load. A Bitcoin OG that has more than $ 11.4 billion in BTC has been turning ETH at a fast pace. During the last week, this whale sold thousands of Bitcoin worth more than $ 400 million and changed them for almost 97,000 ether in a single movement.
Other whales have been equally active. Nine addresses only bought $ 456 million in ETH at the end of August, while the data shows that the whales have between 10,000 and 100,000 ETH added around 260,000 ETH worth $ 1.14 billion in just 24 hours. This is happening even when Ethereum looms about $ 4,300, and some large buyers clearly treat falls as the possibilities of accumulating.
At the same time, Ethereum -centered investment products attracted more than $ 1.4 billion in new tickets last week. Spot Eth Ethfs saw a similar figure in the same period, confirming that institutional demand is strong. Many analysts say that this wave of accumulation follows the historical cycle of capital that turns from Bitcoin to Ethereum, and then in Altcoins.
With ETH over $ 4,300 after diving to $ 4,200, the purchase activity suggests that whales are preparing for the next phase of the market cycle.
UNI and almost attract smart money
While Ethereum whales dominate the headlines, Altcoins such as Uniswap (UNI) and Near are also attracting interests for intelligent money.
The Uniswap Token has fallen more than 23% since its maximum of August, now contributing around $ 9.37. However, the data in the chain tell a different story. The transaction volume in UNISWAP reached a record of $ 143 billion in August, while whales have constantly increased their holdings.
Large wallets now have more than 8.77 million universities, compared to 8.26 million in early August. “Smart money” wallets control more than 41.6 million tokens.
Nearly seeing similar activity. After executing its hard fork scheduled on August 18, near the reduced annual inflation from 5% to 2.5%. This movement reduces sales pressure and makes maintenance more attractive.
Despite a brief drop from $ 3.0 to $ 2.75 due to institutional sale, it almost recovered at $ 2.82 and continues to lead the growth of the user with more than 16 million active wallets.
Both UNI and Near highlight how the accumulation of intelligent money often occurs during price setbacks.
Diversification with Finance of Magacoin
For merchants who look beyond the big names, Magacoin Finance is becoming a strong beneficiary of these whale rotations. As capital changes from Bitcoin to Ethereum, and then extends to other alternatives, diversification becomes key. With the exchange listings already announced, Magacoin is positioning himself as a new entry point for those who lost the first races of Ethereum and Bitcoin.
Intelligent buyers often enter before the listings, and that is exactly the scenario in which Magacoin is now. Many see it as an easy 20X opportunity, especially with the “accumulation of intelligent money” which is a visible trend throughout the market. For those looking for the next Altcoin, Maguacoin Finance stands out as a timely option.
Conclusion: Positioning before the next cycle
Ethereum whales are establishing the tone, university and nearby are seeing a silent accumulation, and merchants are preparing for the next rotation in Altcoins. Early positioning has always been the strategy of intelligent cryptography players.
For those who seek to diversify while the whale activity is remodeling the market, now it is time to investigate Magacoin’s finances. Visit the official channels below for more information and ensure a place:
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