Lookonchain: Whales Rotate 602 BTC into 18,780 ETH
Lookonchain reports whales sold 602 BTC for $45.83M on Hyperliquid and bought 18,780 ETH over three days, highlighting Bitcoin to Ethereum whale rotations.
SourceAnalysis
Lookonchain flagged a coordinated rotation where 11 new wallets sold 602 BTC worth $45.83M on Hyperliquid and purchased 18,780 ETH for the same value in the past three days.
Price action on the 4h chart shows ETH at $2486.87 inside the Bollinger Bands with upper resistance at $2504.48; the bullish EMA50 at $2465.48 and EMA200 at $2335.17 act as layered support while MACD maintains its golden cross and RSI sits neutral at 57.0, suggesting any pullback would likely find bids near the 50-EMA before continuation.
Lookonchain
@lookonchainLooking for smartmoney onchain