The whales move again and this time it is in line with one of the largest ETFs buying weeks of the year for Bitcoin and Ethereum. Both notes ETF Bitcoin and Ethereum He returned to the influx last weekAnd the data show that some whale addresses also transfer their cryptocurrency resources from exchange and self -experience.
On Chain Tracker Lookonchain announced that the newly created wallets withdrew huge amounts of Bitcoins and Ethereum from the main exchanges, showing immense -scale accumulation by whales.
Huge payments from cryptographic exchange
According to Data from SosovalueThe Bitcoin ETFS spot recorded inflows worth $ 3.24 billion in just a restricted week, withdrawing outflows worth $ 902.5 million observed last week. In particular, the influx of this week is the largest weekly influx this year in the Bitcoin ETF spot. On the other hand, ETFS ETFS Ethereum recorded $ 1.30 billion of influx last week, which is another drastic change compared to the outflow last week in the amount of $ 795.56 million.
However, this activity is not restricted to ETF itself. The activity of a fresh portfolio has aggressive accumulation activity among whales passing to self -diet. In one case, the Lookonchain analytics that followed the analytics noted that the newly created wallet, identified as 0x982C, withdrew $ 26 029 with a value of about $ 118 million from Kraken.
Another newly created Bitcoin portfolio, BC1QKS, withdrew $ 620 with a value of $ 76 million from Binance. Both movements are on a immense scale of capital repositioning away from the stock exchanges, and this is a sign that whales expect further recognition of prices.
They buy whales $ ETH AND $ Btc!
The newly created wallet 0x982c withdrew 26 029 $ ETH(USD 118 million) from #Kraken 8 hours ago.
The newly created BC1QKS portfolio withdrew 620 $ Btc(USD 76 million) from #Binance 6 hours ago.https://t.co/8aa1g0bgwthttps://t.co/qsasxkfhun pic.twitter.com/ityhz8jwq3
– Lookonchain (@lookonchain) October 4, 2025
Interestingly, the bitcoin exchange balances have dropped to the lowest level in five years. Over the past 30 days, almost 170,000 Bitcoin has been removed from cryptographic exchange, with the most activity to appear in just the completed week. This pushed the Bitcoins exchange balance below 2.85 million BTC for the first time since January 2021.
Bitcoin exchange balance. Source: @btconexchanges on x
Bitcoin and Ethereum prices prospects
The combination of institutional influx and whale accumulation has already been reflected in the price action of both Bitcoin and Ethereum. Bitcoin has exceeded its previous record, reaching a modern highest level of all time in the amount of USD 125,56 in the last few hours, and currently around USD 124,813. This is a drastic change With just a week ago, When Bitcoin broke below USD 110,000, which caused the fear of bitcoins and an index of greed Failure to the lowest point from March.
Ethereum also became stubborn and trades at the time of writing USD 4575. Another good week of ETF inflows and the accumulation of whales at the current pace may cause Bitcoin extend your rally week. This, in turn, could see how Bitcoin breaks $ 130,000 before the end of the modern week. However, brief renewal times are not beyond the table. Any withdrawal may cause Bitcoin to get USD 120,000 again Before the next leg above.
Still in a stubborn matter, the price of Ethereum can also press to modern All time over USD 5,000 In the coming weeks.
A distinguished picture from Unsplash, TradingView chart
