Cryptocurrency whales are purchasing substantial amounts of Ether, totaling $456 million, as part of a shift in investor focus from Bitcoin to altcoins. This trend reflects a belief that Ether and other altcoins hold greater potential for appreciation. Analysts, including Nicolai Sondergaard from Nansen, describe the movement as a natural rotation, suggesting that investors are taking profits from Bitcoin gains to invest in tokens like Ether. Notably, inflows into Ether are approaching those of Bitcoin, indicating a growing interest. The report also notes that successful cryptocurrency traders are increasingly acquiring altcoins, hinting at a potential altcoin season in 2025. Major purchases include Chainlink, Ethena, and Lido DAO, while dormant whale activity emphasizes the substantial interest in Ether.

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