Bitcoin Whale goes long on Ethereum "Earned $39.36 million in three days", Analyst: ETH will outperform BTC in the short to medium term.

Earlier this month, a certain ancient Bitcoin whale that had been dormant for 7 years woke up, switched holdings, and went long on Ether, making a profit of up to $39.36 million in just three days. (Background: At the new high of Ethereum, a wallet that had been inactive for 11 years awakened this morning, creating an astonishing return of 15,484 times) (Background information: Are retail investors not buying BTC anymore? On-chain small Bitcoin transactions reached the lowest proportion in two and a half years) According to on-chain data analyst Ai Yi, this afternoon (25), it was monitored that an ancient Bitcoin whale, which awakened earlier this month after being dormant for 7 years, previously swapped part of its Bitcoin holdings for 71,108 Ether and simultaneously went long on 135,265 Ether through 5 addresses. Today, it has already taken profit on two of its Ether long orders, making a profit of up to $39.36 million in three days. Currently, it still has three Ether long orders, holding a total of 40,211 Ether, with unrealized gains of up to $11.17 million. Data Alert "The ancient whale that has been dormant for seven years has closed two positions of ETH long orders for profit, earning $39.36 million in three days - this is the first reduction / closing action of this entity after opening ETH long positions. The whale has a total of five ETH long positions, with three remaining, holding 40,211.81 Ether and unrealized gains of $11.17 million, and address 0x3f7…28027 in the past 1… pic.twitter.com/an9LZMO9Pp - Ai Yi (@ai_9684xtpa) August 25, 2025 Additionally, it is worth mentioning that this whale currently still holds over $9.6 billion in Bitcoin on-chain, with a cost around $7,000, and continues to exchange its holdings in small amounts for Ether. Therefore, this has triggered speculation in the crypto community that the profits from this whale's closing positions may be used to continue increasing the position in Spot ETH and remain bullish? However, some people question that due to the whale's large capital scale, any operations may be inducing retail investor sentiment, and retail investors should be particularly cautious to avoid being misled by following this whale's operations... CryptoQuant analyst: Ethereum stronger than Bitcoin in the short to medium term Although it cannot be determined what this whale's outlook is for the future, CryptoQuant analyst @cryptometugce expressed his views today through the official CryptoQuant X account, stating that in the short to medium term, Ethereum's performance may continue to outperform Bitcoin: Ethereum has outperformed and beaten Bitcoin. Ethereum has shown a stronger trend compared to Bitcoin recently. The increase in CME open interest (OI) and the fact that retail has not yet entered the market suggest that this gap may continue in the short to medium term. Ethereum Is Outperforming & Beating Bitcoin "Ethereum is showing a stronger picture compared to BTC recently. The rise in CME OI and the fact that retail has not yet joined suggest that this difference may continue in the short to medium term." - By @cryptometugce pic.twitter.com/8gsClmpRzl - CryptoQuant.com (@cryptoquant_com) August 25, 2025 Related Reports Ethereum Foundation details the November "Fusaka" upgrade: Introducing PeerDAS, increasing DA access by eight times Ethereum hits $4,800: Market capitalization surpasses $580 billion, surpassing Netflix and Mastercard BTCS announces the first-ever Ethereum dividend plan: Shareholders can directly receive ETH <"Bitcoin whale switches holdings, goes long on Ethereum, earning $39.36 million in three days," analyst: ETH expected to outperform BTC in the short to medium term> This article was first published in BlockTempo, the most influential blockchain news media.