
Jakarta, Pintu News â According to the latest data from Santiment, the number of whale addresses for Bitcoin and Ethereum has increased in August. This indicates a steady accumulation by large investors, which could be an important sign for future market dynamics.
In July, there was a sharp decline in the number of Bitcoin (BTC) whales, indicating that a number of large investors exited the market when the price reached the peak of the rally. However, going into August, the situation started to change. There have been 13 new whale addresses added for Bitcoin (BTC) since the beginning of the month.
While this number isnât huge, it shows that big investors are starting to buy back in. Meanwhile, Ethereum (ETH) has also seen a more dramatic increase in the number of whales. Since the beginning of August, there have been 48 new whale addresses recorded. This increase is more significant than that of Bitcoin (BTC), indicating greater interest from large investors in Ethereum (ETH).
Also Read: 3 Reasons Why Altcoins Are Predicted By Analysts And Tapiero To Explode And Surpass Bitcoin (BTC)
Bitcoin (BTC) has seen a sharp decline in capital inflows recently, as explained by analyst Willy Woo in a post on X. Currently, daily inflows for Bitcoin (BTC) are below $1 billion per day, a far cry from the previous peak of over $2 billion per day.
On the other hand, Ethereum (ETH) actually experienced an increase in capital inflow. This shift suggests that there may be a rotation of investor interest from Bitcoin (BTC) to Ethereum (ETH). Following this trend, the inflow for Ethereum (ETH) almost equaled the inflow figure for Bitcoin (BTC), which could indicate a potential âflippeningâ in the future.

Bitcoin (BTC) has shown recovery from its recent low, with the price rising back to $112,500. This recovery suggests a potential rebound is possible if large investors continue to accumulate. Current market sentiment, especially among whales, seems to be bullish, especially for Ethereum (ETH).
The increase in the number of whales and capital inflows into Ethereum (ETH) suggests that there may be more room for growth. Investors and market analysts should pay attention to these movements, as there could be significant changes in the distribution of capital in the crypto market.
The increase in the number of whales for Bitcoin (BTC) and Ethereum (ETH) and the changing dynamics of capital inflows could be important indicators for future crypto market trends. Investors and market watchers should constantly monitor this on-chain data to make informed investment decisions.
Also Read: 3 Reasons Why Tom Lee Predicts Ethereum (ETH) Could Touch IDR196 Million by the End of 2025
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*Disclaimer
This content aims to enrich readersâ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an assetâs past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.