A Bitcoin whale, valued at $110 billion, transferred $3.6 billion worth of Bitcoin in the second week of October, raising speculation about a potential shift to Ethereum. This significant movement comes as the U.S. SEC reviews 31 crypto ETF applications, indicating growing institutional interest in the sector.
Meanwhile, Japan's new prime minister is expected to advocate for enhanced blockchain regulations, potentially impacting the country's crypto landscape. Additionally, Ethereum's validator exit queues have reached 2.4 million ETH, valued at over $100 billion, highlighting ongoing activity and interest in the Ethereum network.
$3.6 Billion Bitcoin Transfer Sparks Market Speculation
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