Cryptocurrency prices have struggled this week, with Bitcoin, Ethereum, and many other large-cap altcoins in the red. However, this has not dampened whale interest in altcoins – with Ethereum in particular attracting the interest of sophisticated traders.
A well-known Bitcoin whale is continuing to transfer large sums into the asset. He owns over $5 billion worth of Bitcoin and has transferred more than $2.5 billion into $ETH over the past week.
Despite overall market sell-offs this week, the recent movement of liquidity from Bitcoin to Ethereum signals growing altcoin interest, which is seen as a key indicator of an upcoming Altcoin Season.
To capitalize on this, quick-footed traders are seeking the best crypto to buy now that could generate disproportionate gains as Ethereum rallies. Let’s examine three projects with strong growth potential.
OG Bitcoin Whale Buys Another $1.1B Ether
The Bitcoin whale has awoken after a seven-year hiatus, forming a $2.5 billion $ETH position in around one week. This has contributed to the market’s recent performance, with Bitcoin down 1.4% today while Ethereum is up 1%. Ethereum is also down less over the last week, and it’s up 13% this month, while Bitcoin is down 8.5%.
Blockchain analytics firm Arkham Intelligence highlighted the recent move, noting, “This whale bought $2.5 billion of $ETH last week, and he’s still buying,” adding, “He just moved $1.1 BILLION of $BTC to a new wallet and has started purchasing $ETH through Hyperunit/HL. “
Meanwhile, Lookonchain is also tracking the wallet, explaining, “After a two-day break from buying $ETH, he just deposited another 1,000 $BTC ($108.27) to Hyperliquid, selling it and buying $ETH spot.”
Along with the whale’s Ethereum buys, institutional demand is also increasing, with CoinGecko reporting that corporate treasuries added 247,033 $ETH over the past week, according to a post on X.
As whales and corporate interest in Ethereum grow stronger, savvy traders are preparing for the next Altcoin Season by exploring lower market cap options with greater upside potential. Here are three projects that could deliver the most significant gains.
Bitcoin Hyper
Bitcoin Hyper is a Bitcoin layer 2 blockchain designed to address Bitcoin’s main issues of low scalability and limited functionality.
The project utilizes technologies such as ZK-rollups, Solana Virtual Machine (SVM) execution, and a trustless canonical bridge. This unlocks fast transactions, seamless interoperability, and support for smart contracts – without sacrificing Bitcoin’s security.
It’s currently in a presale, where it has raised around $13 million so far, demonstrating strong market interest and early attention from whales.
What Bitcoin Hyper offers is rare: an opportunity to leverage Bitcoin’s key benefits of deep liquidity and robust security, while also tapping into the high growth and viral potential of an upcoming altcoin that solves pressing industry issues.
This also makes it a promising alternative to Ethereum, as it provides similar features, such as programmable money and DeFi exposure, while also inheriting Bitcoin’s security and offering faster speeds through SVM. And while Ethereum is valued at around $530 billion today, investors can buy $HYPER at its earliest possible price. Visit Bitcoin Hyper.
Hyperliquid
The Bitcoin whale is utilizing the Hyperliquid exchange to convert Bitcoin into Ethereum, reinforcing the platform’s position as a leader in the DeFi space.
Hyperliquid is a layer 1 blockchain focused on perpetual futures trading, featuring a decentralized exchange known for its low latency, deep liquidity, and wide range of tradable tokens.
It’s also worth adding that $HYPE has begun attracting institutional interest, as struggling biotechnology firm Sonnet recently purchased $888 million worth of $HYPE tokens for its corporate treasury.
The company’s stock price increased by over 200% afterward, signaling TradFi appeal and potentially opening the door for more corporate purchases – especially with the $5 billion Bitcoin whale and other high-net-worth investors using Hyperliquid’s infrastructure for multi-billion-dollar moves.
Wall Street Pepe
Wall Street Pepe is a multichain meme coin inspired by Pepe the Frog and The Wolf of Wall Street. It’s peak meme lore, but the project is driven by more than just hype.
It initially launched as an Ethereum-based utility meme coin, providing holders with access to a trading insights ecosystem that incorporates exclusive alpha, staking rewards, and more. Following an explosive February launch, its team has reignited momentum by announcing a strategic token migration to Solana and a corresponding NFT collection featuring 5,000 items.
The move sparked a surge of interest, and the $WEPE price has rallied about 3x since May.
With exposure to both the Ethereum and Solana ecosystems, along with an expanding lineup of utility-focused products, Wall Street Pepe could be one of the top meme coins to ride the upcoming bullish altcoin wave.What’s more, the project currently has a valuation of $12 million, leaving significant upside potential compared to more established meme coins like the original Pepe, which is worth $4.1 billion today. Visit Wall Street Pepe.
This article is not intended as financial advice. Educational purposes only.
