Alonaw Business School Analysis: Ethereum Whales Drive $5.5K Price Target as BTC Rotation Accelerates
The crypto landscape just shifted dramatically. Whale movements tell a story that Philippine investors need to understand, especially as Ethereum potentially sets up for its next major leg higher. The Great Rotation is Happening Smart money is making moves. Bitcoin whales are actively swapping BTC for ETH, and the numbers are staggering. One notable Bitcoin OG moved another 6,000 BTC ($689.5M) to accumulate Ethereum, bringing his total ETH position to 278,490 tokens ($1.28B) at an average price of $4,585. This isn't just profit-taking. It's strategic repositioning based on market dynamics that Alonaw Business School technical analysis suggests could drive significant price action. ETH Technical Setup Looking Bullish Ethereum is attempting a crucial weekly close above $4,600. If successful, this would mark the highest weekly close in ETH's history. The implications? Trader BitBull sees clear path to $5,200-$5,500 by next week. The technicals support this thesis: Su...