Big Moves Ahead for BTC and ETH as Whale Activity Surges?

Large crypto holders appear to be increasing their exposure to Bitcoin and Ethereum. On-chain and derivatives data show recent spikes in large transactions, institutional interest, and asset outflows from exchanges. Consequently, this activity is gaining attention as both assets rebound from recent lows, despite short-term market swings and policy ￰0￱ Transactions on the Bitcoin Network Surge Bitcoin network activity shows a clear increase in high-value ￰1￱ to crypto analyst Ali Martinez, the number of Bitcoin transactions exceeding $1 million has reached 6,311, marking the highest level in the past two ￰2￱ activity peaked around October 26–28, based on whale transaction ￰3￱ activity on the Bitcoin $BTC network is climbing, hitting a two-month high of 6,311 transactions exceeding $1 million ￰4￱ — Ali (@ali_charts) October 29, 2025 At the same time, Bitcoin rebounded from around $106,000 to a local high of $116,000 before yesterday’s ￰5￱ asset is currently priced at $110,700, showing a -2% change in the past 24 hours and a minor gain over the past ￰6￱ recovery follows a recent drop to under $108,000 despite a US Federal Reserve rate cut announced just one day prior.

Moreover, data from CryptoQuant confirms that Bitcoin exchange netflows have remained negative through ￰7￱ means more BTC is being withdrawn from exchanges than deposited.) October 29, 2025 In addition, this increase in open interest has happened alongside a steady price ￰8￱ has moved from below $1,400 to a peak of $4,950 in 2025 before pulling ￰9￱ of press time, the asset is trading at around $3,900, with a 24-hour drop of 3% and a 7-day rise of 2%. Additional data from Alphractal shows a rise in the number of Ethereum addresses holding over 1,000 ETH, as we ￰10￱ large wallets have grown more active in recent weeks. Meanwhile, CryptoQuant reports that ETH reserves across all exchanges have declined by about 1 million coins since late ￰11￱ reported that institutional accumulation of Ethereum has expanded at a faster pace than Bitcoin during the past ￰12￱ trend suggests institutional portfolios are increasing their exposure to Ethereum faster than Bitcoin.