Best Altcoins to Buy After Sudden Whale Shift from Bitcoin to Ethereum
Bitcoin has long been the darling of big-money crypto investors. But it looks like the winds are now shifting in favor of Ethereum.
For instance, a $BTC whale ‘Bitcoin OG’ has been rotating funds from Bitcoin into Ethereum over the past month.
Similarly, on August 21, another whale sold 670 $BTC from a massive seven-year-old stash of 14,837 $BTC (worth $1.6B) to build long $ETH positions, buying 68,130 tokens.
This kind of large-scale institutional rotation underscores the growing confidence in Ethereum – the backbone of DeFi and Web3 – and highlights investors’ eagerness to diversify.
Even better? Traditionally, a rise in $ETH allocations is followed by increased investment in altcoins, which is why many experts believe a new altcoin season could be just around the corner.
Read on as we explore Ethereum’s path ahead and highlight the best altcoins to buy to make the most of this opportunity.
Drying ETH Reserves and the WLFI Listing Effect
Ethereum exchange reserves are dwindling rapidly. Data from CryptoQuant shows that $ETH available on exchanges is now at an all-time low, suggesting aggressive accumulation on all fronts.
Another macro factor driving $ETH is the latest $WLFI (World Liberty Financial) token listing.
WLFI is a Trump-backed crypto investment firm, and a massive 66% ($328.20M) of its total holdings are in Ethereum. So, a strong listing for WLFI could trigger further bullish momentum in $ETH.
And things are looking pretty good on the technical side, too.
$ETH is currently trading around $4,300 and is just one big fat green candle away from breaking out of a long-drawn consolidation zone, as highlighted by the descending triangle pattern in the image below.
With all the stars aligning perfectly for Ethereum, the broader altcoin market stands to benefit the most.
Since $ETH is the base layer for a majority of altcoins, stabilization at higher levels could lead to institutional liquidity rotating into smaller tokens as investors adopt a more risk-on approach and chase high-growth opportunities.
Looking for the best cryptos to invest in right now? Here are three awesome suggestions.
1. Bitcoin Hyper ($HYPER) – Supercharging the Bitcoin Ecosystem with Solana-Like Performance
Despite some big-money players preferring Ethereum over Bitcoin, there’s no shortage of bullish sentiment for the ‘digital gold.’
Just a couple of days ago, a new Bitcoin whale was born after a hefty 1,506 $BTC deposit worth $163.5M.
That’s why Bitcoin Hyper ($HYPER) stands out as one of the best cryptos to buy now.
It’s building the first-ever Layer 2 solution that’s aimed at bringing Solana-like performance to the otherwise slow and aging Bitcoin blockchain.
By integrating the Solana Virtual Machine (SVM), $HYPER will unlock full compatibility with smart contracts and dApps directly on Bitcoin.
And thanks to a fast, decentralized, non-custodial canonical bridge, you’ll be able to seamlessly convert your Layer 1 $BTC into ‘wrapped’ $BTC tokens, fully compatible with Hyper’s Layer 2.
Why is this conversion important? Because it allows you to use native $BTC tokens across high-speed DeFi trading apps, NFT marketplaces, lending and staking protocols, DAOs, and gaming dApps.
Currently in presale, Bitcoin Hyper has already raised over $13.2M from early investors. Here’s how to buy $HYPER.
Each token is priced at just $0.012835, with our $HYPER price prediction suggesting the token could climb 2,400% by year-end – potentially hitting $0.32.
Visit Bitcoin Hyper’s official website for more information.
2. Best Wallet Token ($BEST) – New Non-Custodial Crypto Wallet Enabling Direct Presale Purchase
With trading volumes at record highs, the need for a reliable and easy-to-use crypto wallet has never been greater. Enter Best Wallet Token ($BEST).
This new crypto powers Best Wallet, a free crypto wallet that delivers a never-before-seen blend of usability and rock-solid security.
- It’s fully non-custodial, giving you exclusive control over your private keys.
- It offers advanced two-factor authentication options, including biometric login.
- It’s also packed with safeguards against hacks, scams, and phishing websites.
Impressive, right? But the real kicker is its Presale Aggregator, which is a feature you won’t find in any other wallet.
Simply put, it lets you buy the best crypto presales directly within the app. No need to jump across external websites, as everything happens securely inside Best Wallet.
And buying $BEST doesn’t just give you front-row seats to the wallet’s growth, but it also unlocks a bunch of exclusive perks.
These include reduced trading fees, voting rights, staking rewards (currently 87%), and early-bird access to new meme coins in presale.
1 $BEST is currently available at just $0.025575, with the project having already gathered over $15.3M.
Check out $BEST’s official website for more information.
3. Unstable Coin ($USDUC) – Viral Meme Coin Pumping Harder than Ever
The best thing about meme coins? They’re probably some of the most self-aware projects you’ll ever see – across industries, countries, and even planets.
Unstable Coin ($USDUC) is a picture-perfect example. The token knows it’s a pure meme coin, and it doesn’t try to be anything else. In fact, it prides itself on having no intrinsic value, utility, or roadmap.
On paper, it’s a satirical take on the USDC stablecoin and the entire ethos of stablecoins: bringing stability to the crypto market.
But according to the developers of Unstable Coin, crypto is inherently volatile, and that shouldn’t change. The result? $USDUC, a meme coin that exists to revolt against stablecoins.
And as we’ve come to expect from meme coin degens, the more absurd a coin’s premise, the more ridiculous its gains.
Available on both Solana and Ethereum, $USDUC has already surged more than 518% since launching in June this year.
It’s currently trading at record highs of $0.06947, and with momentum on its side, there may be no stopping it from rocketing further into uncharted territory.
Bottom Line
With institutional players snagging up Ethereum at an unprecedented pace, the stage is set for a full-blown altcoin season.
However, kindly keep in mind that none of the above is financial advice. Crypto investments are highly risky, and you must only invest after doing your own research.
Authored by Krishi Chowdhary, Bitcoinist — www.bitcoinist.com/best-altcoins-to-buy-after-whales-shift-from-bitcoin-to-ethereum
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