Ethereum Whales Make Massive Move While Bitcoin Hits Key Price Zones

A well-known crypto analyst has highlighted a surge in Ethereum accumulation by large investors, suggesting increased confidence in the leading smart contract platform.

Drawing from data provided by Santiment, trader Ali Martinez reported that Ethereum whales purchased approximately $422 million worth of ETH within a single day.

According to the latest insights, deep-pocketed holders scooped up 190,000 ETH in just 24 hours, signaling strong demand for the asset.

Meanwhile, Martinez also analyzed Bitcoin’s key price levels, identifying a significant resistance zone at $97,828, where investors have accumulated 360,470 BTC.

READ MORE:

Trump Declares Bitcoin and Ethereum Key to America’s Crypto Strategy

On the support side, Bitcoin appears to have a strong foundation at $64,078.53, bolstered by the holdings of 194,530 BTC.

The strongest resistance for #Bitcoin $BTC sits at $97,828.56, where 360,470 BTC were accumulated. Meanwhile, the biggest support is at $64,078, backed by 194,530 BTC. pic.twitter.com/MgHNTI2Oyn

— Ali (@ali_charts) February 28, 2025

At the time of writing BTC is trading at around $92,000 after regaining some of the losses that occured in the last market slump.

As Ethereum Whales Accumulate, a New Challenger Takes Over the Markets

Solaxy ($SOLX) is revolutionizing blockchain technology by offering the first Layer-2 solution on Solana. This project significantly improves speed and reduces transaction fees, solving network congestion problems.

Solaxy’s advanced rollup architecture shows strong potential to optimize transaction speeds and reduce congestion-related inefficiencies on Solana. The project’s approach reduces congestion and ensures smooth execution, even during peak activity. For traders, this means faster and more reliable transactions, preventing failed swaps.

Beyond improving transaction efficiency, Solaxy is expanding interoperability between Solana and Ethereum. The $SOLX token functions as a multi-chain asset, allowing users to engage across both ecosystems. This provides access to Ethereum’s liquidity while benefiting from Solana’s speed and cost efficiency.

Buy Solaxy Here

The Мeme Тoken Тhat Combines the Two Strongest Ecosystems in Crypto

BTC Bull Token ($BTCBULL) is a new meme token that brings together two of the strongest ecosystems in the crypto world: Bitcoin and Ethereum.

What makes the BTC Bull Token so special is its drive to spread Bitcoin ownership to everyday people.

$BTCBULL is a decentralized token that combines the power of meme culture with real Bitcoin rewards. Every time Bitcoin reaches a price milestone, holders of $BTCBULL receive BTC airdrops.

Furthermore, the token is subject to a burn mechanism, which reduces its supply and increases its value.

Buy BTCBULL Here

Alexander Stefanov