Ethereum (ETH) has shown remarkable performance recently, climbing to $3,339, a peak not reached since late November. This surge indicates a significant shift in market dynamics as Bitcoin (BTC) currently stands at $92,695.08. According to market analyst Crypto Patel, since the low points of both cryptocurrencies on November 21, 2025—when ETH was $2,626 and BTC $80,659—Ethereum has consistently outperformed Bitcoin.
This recent trend highlights a rotation of capital from Bitcoin into Ethereum and other leading altcoins. Over the past three weeks, ETH has not only gained more in value but has also attracted greater corporate financial inflows compared to BTC. The ongoing correction period has seen heightened institutional interest in Ethereum, suggesting a strategic pivot as major investors look to capitalize on perceived market discounts.
As BTC maintains strong support above the $90,000 threshold, reflecting overall market confidence, institutional players, often referred to as whales, are discreetly accumulating ETH. Notably, this week, two significant players, Amber Group and Metalpha, executed a substantial ETH accumulation strategy worth $28.2 million through Binance. Specifically, Amber Group withdrew 6,000 ETH valued at $18.8 million, while Metalpha extracted 3,000 ETH worth $9.4 million.
These actions signal a notable shift in market sentiment, with whales demonstrating their confidence in Ethereum by significantly increasing their holdings. Such accumulation patterns typically reduce selling pressure on exchanges and can indicate upcoming bullish movements for ETH.
Today, Ethereum continued to gain momentum, currently priced at $3,339, marking a 6.5% increase over the past 24 hours and an 8.4% rise over the last week. Positive macroeconomic conditions, including the anticipated decision by the Federal Reserve to cut interest rates, have further fueled this upward trajectory. Data reveals that large investors purchased nearly 400,000 ETH between Sunday and Monday, aligning with expectations of a 25 basis point rate cut from the Fed.
This bullish sentiment has propelled Ethereum above the $3,300 mark for the first time since November 13, indicating renewed enthusiasm among crypto investors and traders alike.
