Bitcoin Whales Sell $2.52B as Ethereum Whales Accumulate

Key Facts

1Bitcoin whales sold $2.52 billion worth of BTC as spot ETF inflows reversed direction.

2Ethereum whales purchased $162 million in ETH despite the selling pressure observed in the Bitcoin market.

Bitcoin whales sold $2.52 billion worth of the cryptocurrency as spot ETF inflows reversed direction. Benzinga reported that large-scale holders liquidated these positions as institutional appetite for spot exchange-traded funds shifted, creating significant selling pressure in the Bitcoin market.

Ethereum whales conversely purchased $162 million in ETH, demonstrating divergent behavior from the broader Bitcoin sell-off. This accumulation by large-scale holders occurred on October 1, 2026, amid ongoing institutional volatility and a reversal in the trend of fund inflows that had previously supported digital asset prices.