Crypto markets just witnessed two of the largest whale moves of the month, with both Bitcoin and Ethereum seeing extraordinary purchases that highlight continued institutional and high-net-worth interest despite recent market volatility.
According to on-chain trackers, a Bitcoin whale accumulated 1,524 BTC worth approximately $171 million across several transactions. The inflows came from exchanges such as Binance, Bybit, and Bullish.com, with transfers ranging from 6 BTC to over 210 BTC at a time. The moves were spread out over the past two days, suggesting strategic buying during moments of market weakness.
Not long after, Ethereum whales made headlines of their own. Data shows that a single buyer scooped up 40,937 ETH valued at $163 million, with transfers originating from FalconX hot wallets. The purchases were executed in three large tranches, each exceeding $53 million, consolidating into fresh wallets.
Analysts note that these synchronized whale activities underscore how major players are still “buying the dip,” a phrase often tied to strategic accumulation during price pullbacks. Large-scale inflows of this kind can serve as a confidence signal to retail traders, even if short-term volatility persists.
The timing is also notable, as both Bitcoin and Ethereum have recently been pressured by liquidations and uncertainty around U.S. macroeconomic data. Yet, with whales stepping in at these levels, speculation is growing that long-term conviction remains strong.
Whether these buys mark the beginning of renewed momentum or simply opportunistic positioning remains to be seen, but the sheer scale of the transactions has already reignited buzz across the crypto community.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Reporter at Coindoo
Source: https://coindoo.com/bitcoin-and-ethereum-whales-scoop-up-over-330-million-in-massive-buys/