Large Crypto Holders Increasing Exposure to Bitcoin and Ethereum
Recent on-chain and derivatives data reveal that large crypto holders are stepping up their exposure to Bitcoin and Ethereum. Spikes in large transactions, growing institutional interest, and significant asset outflows from exchanges highlight this trend. This activity is drawing attention as both assets rebound from recent lows, despite ongoing short-term market fluctuations and shifting policy landscapes.
Whale Transactions on the Bitcoin Network Surge
Bitcoin network activity shows a marked increase in high-value transactions. According to crypto analyst Ali Martinez, the number of Bitcoin transactions exceeding $1 million has reached 6,311—the highest in the past two months. This surge peaked around October 26-28 based on whale transaction data.
During the same period, Bitcoin rebounded from roughly $106,000 to a local high of $116,000 before experiencing a correction. Currently, Bitcoin is priced at approximately $110,700, reflecting a 2% decline over the past 24 hours but a slight gain over the previous week. This recovery comes after a recent dip below $108,000 despite a US Federal Reserve rate cut announced just one day earlier.
Further data from CryptoQuant confirms that Bitcoin exchange netflows have remained negative throughout October. In other words, more BTC is being withdrawn from exchanges than deposited. Such withdrawal trends typically suggest that holders are moving funds to cold storage—a behavior often observed during accumulation phases.
Combined with the spike in large transactions, these indicators support the view that some large investors are repositioning themselves for the months ahead.
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Whales Boost ETH as Futures and Wallets Grow
Ethereum is also experiencing increased institutional activity. Data from CryptoQuant shared by Crypto Rover indicates that CME Ethereum futures open interest has reached a record high of over 2.25 million contracts. This growth spans multiple expiry periods, primarily within 1 to 6 months.
The rise in open interest has coincided with a steady price recovery. Ethereum has moved from below $1,400 to a peak of $4,950 in 2025 before pulling back. At press time, ETH is trading around $3,900, showing a 3% decline in the last 24 hours but a 2% increase over the past week.
Additional insights from Alphractal point to a rise in the number of Ethereum addresses holding more than 1,000 ETH—large wallets that have grown increasingly active in recent weeks. Meanwhile, CryptoQuant reports that ETH reserves across all exchanges have decreased by about 1 million coins since late September.
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The growing activity among whales and institutions in both Bitcoin and Ethereum suggests a strategic repositioning as market dynamics evolve. Investors and observers alike will be watching closely to see how these trends develop in the coming months.
https://cryptopotato.com/big-moves-ahead-for-btc-and-eth-as-whales-activity-surges/