Bitcoin Whale Shifts $450M ETH Longs to Spot Market
Key Points:
- A Bitcoin whale has closed $450M ETH longs, moving to spot market.
- ETH/BTC capital rotation noted, impacting Ethereum’s price.
- Ethereum recorded gains as the whale drives market momentum.
A major Bitcoin whale shifted strategy by closing $450M in ETH longs while beginning spot accumulation, marking a significant capital rotation confirmed by on-chain analytics on August 25, 2025.
This move highlights evolving market dynamics, impacting Ethereum and Bitcoin pricing, while suggesting potential altcoin season, as evidenced by notable reactions and forecasts from key industry analysts.
Bitcoin’s influence on Ethereum’s market is becoming increasingly apparent as whales shift significant volumes, affecting both direct market players and related altcoin investments.
Whale’s Move Fuels Ethereum Market Changes
A Bitcoin OG has executed a major financial move by closing 95,053 ETH ($450 million) in long positions and began purchasing ETH spot. This change was confirmed by on-chain analysts, marking a significant capital rotation in the market.
The whale, identified by @OnchainLens, a respected on-chain tracking platform, realized a profit of $37.17 million. This entity maintains a remaining long of 40,212 ETH ($185.92 million). Spot accumulation of ETH follows this closure.
Ethereum and Bitcoin markets are responding sharply to these developments. A substantial rotation of capital and liquidity shifts has influenced the market, reflected in an ETH/BTC ratio increase of 10.5% and rising Ethereum stakings.
Gracy Chen, CEO, Bitget, – “Ethereum’s rally past $4,300 signals robust ecosystem demand and the potential onset of an altcoin season… Bitcoin is expected to trade in the $110,000–$120,000 range over the next one to two weeks, while Ethereum looks stronger, with targets between $4,600 and $5,200. On-chain data shows capital rotation underway, with whales selling Bitcoin to increase Ethereum exposure, further accelerating ETH’s momentum.” Source
The whale’s decision could propel altcoin seasons, as past patterns show. The shift might trigger further volatility and liquidity cascades if histories repeat. Ethereum’s recent gains underscore a bullish sentiment amid significant market moves.
Potential outcomes include increased whale activity and capital influx into Ethereum, affecting the broader cryptocurrency sector. Key players observe macroeconomic factors such as Fed policies and market sentiment, projecting evolving crypto market structures.
