Ethereum Price Prediction: With $5B in Bitcoin Now in ETH, Will the Flippening Finally Happen?
Ethereum has surged back into the spotlight after one of the largest Bitcoin whales shifted more than $5 billion worth of BTC into ETH. The move has reignited debate around the long-discussed “Flippening,” where Ethereum’s market value could one day overtake Bitcoin’s.
Whale Activity Shakes the Market
Blockchain analytics firms, including Arkham Intelligence, flagged several transfers last week showing the whale moving over $1.1 billion worth of Bitcoin into Ethereum.
Just days earlier, the same entity had acquired $2.5 billion in ETH, bringing its total conversion to more than $4.5 billion within weeks.
— The Crypto Times (@CryptoTimes_io) August...
HUGE: A $5B #Bitcoin whale is rotating into Ethereum.
Just shifted $1.1B $BTC to a new wallet
Already bought $2.5B $ETH last week
Now stacking even more $ETH through Hyperunit/HL pic.twitter.com/0i5T3LR6Ia