Key Takeaways
An enormous whale simply swapped practically $4 billion in Bitcoin for Ethereum. With large wallets piling in, Q3 2025 is shaping as much as be fascinating.
Think about sitting on a fortune of Bitcoin [BTC] mined again when Satoshi was nonetheless round… after which deciding to swap practically all of it for Ethereum [ETH].
That’s precisely what simply occurred.
A Satoshi-era whale moved tens of hundreds of BTC into ETH, and the consequences are already exhibiting. With large wallets piling in and ETH momentum constructing, this could possibly be Ethereum’s strongest Q3 ever.
Whale strikes trigger ETH chaos
Supply: X
A legendary Satoshi-era whale unloaded 35,991 BTC ($4.04B) in alternate for 886,371 ETH ($4.07B), and so they’re not finished but.
Contemporary transfers present extra Bitcoin being offloaded into sizzling wallets, so there could possibly be larger Ethereum buys across the nook.
Supply: CryptoQuant
Wallets holding between 10K-100K ETH are aggressively stacking up too, with balances taking pictures to new highs. The arrogance in Ethereum is tough to overlook.
A record-breaking quarter
Preserving that in thoughts, Ethereum is now looking at what could possibly be its best third quarter ever.
Supply: X
Historic knowledge reveals Q3 has been a combined bag for ETH, with good points averaging simply 9.55%. However 2025 is rewriting the script.
Ethereum is already up 87.66% this quarter, a far cry from previous performances. Not even the Q3 runs of 2020 or 2021 come shut.
ETH holds agency above $4.6K
At press time, Ethereum traded at $4,663, holding regular above the $4,600 mark. The RSI confirmed average bullish momentum.
The MACD line remained above the sign line, although the histogram confirmed indicators of cooling energy.
Supply: TradingView
In the meantime, ETH stayed nicely above its 50, 100, and 200-day EMAs, confirming sturdy underlying help. Each day buying and selling quantity printed at 13.77K, so there’s regular exercise regardless of current consolidation.
General, ETH maintains greater floor after its breakout whereas leaving room for additional upside… ought to shopping for strain proceed.
