The crypto market is buzzing with rumors about a potential BONK ETF, but interestingly, Ethereum whales are moving their funds elsewhere. Instead of doubling down on BONK, these major players are shifting into a promising $0.18 token, raising eyebrows across the market.
With the recent Ethereum ETF approvals fueling institutional interest, many expected ETH holders to stay put. This shift signals there’s more going on beneath the surface. So, why are Ethereum whales pulling away from ETH and BONK? Let’s break down what’s driving this move and why the $0.18 token is suddenly on everyone’s radar.
Ethereum ETF Hype Builds as Whales Eye New Opportunities
The buzz around a possible Ethereum ETF is growing, with the SEC reviewing filings like the 21Shares Core Ethereum ETF. This has caught the attention of both institutions and traders. In the last 72 hours, Ethereum whales have bought nearly 430,000 ETH, showing strong confidence in ETH’s future, especially if the Ethereum ETF gets approved. This kind of buying often signals that big players are getting ready for major market moves.
But here’s the twist. Despite the Ethereum ETF excitement, some whales are also moving part of their ETH into a rising $0.18 token. This shows that while they still believe in ETH, they’re also looking for faster gains in smaller, high-potential tokens. This isn’t unusual—whales know how to balance long-term bets like Ethereum ETFs with riskier assets that could deliver quicker, higher returns.
Bonk (BONK) Struggles Amid Market Volatility and Whale Activity
Bonk (BONK) was once a top meme coin in the Solana ecosystem, but it’s been facing heavy price swings recently. After its big initial pump, BONK has fallen by over 49% and is now trading around $0.00001648. This drop happened as traders moved their money into newer meme coins and altcoins, searching for better opportunities in the market. Despite the hype around BONK ETF rumors, the coin hasn’t been able to maintain upward momentum. Whale activity has also been mixed, with some large holders cashing out while others hold, waiting for another breakout.
Source: CoinGecko
To boost BONK’s momentum, BonkDAO announced it will burn 1.6 trillion BONK tokens to reduce supply and increase demand. Token burns can sometimes help prices rise, but so far, the market hasn’t shown much reaction. Analysts are still cautious, warning that without more utility or strong market drivers, BONK could keep struggling. Traders are now watching closely to see if the BONK ETF rumors materialize or if the meme coin will lose more ground in the coming weeks.
DTX Exchange Becomes a Magnet for Ethereum Whales Amid Market Shift
DTX Exchange is quickly becoming the go-to token for Ethereum whales looking to diversify their holdings. With over $14.8 million raised in its presale and a token price still at $0.18, DTX is attracting serious attention. Whales are shifting funds into DTX Exchange thanks to its hybrid trading platform that combines crypto, stocks, forex, and ETFs in one seamless system. This broad market access is giving whales the confidence to bet big, seeing DTX as more than just another altcoin—it’s a full-fledged trading ecosystem.
The platform’s speed and efficiency are also key drivers behind the whale interest. DTX Exchange runs on the VulcanX Layer-1 blockchain, which can handle over 200,000 transactions per second. This keeps trading fast and smooth, even when the market gets volatile. The platform also offers 1000x leverage, non-custodial trading, and automated trading tools, making it a flexible choice for both everyday traders and big institutions. With its public listing on the horizon, many believe DTX is positioned for a major breakout, with whales leading the charge before prices soar.
Conclusion
DTX Exchange is quickly becoming the top choice for Ethereum whales, pulling attention away from both Ethereum and BONK amid market shifts. While Ethereum ETF rumors fuel some optimism and BONK struggles despite ETF buzz, whales are moving into DTX for its strong fundamentals. With over $14.8 million raised in presale and its hybrid trading platform offering access to crypto, stocks, forex, and ETFs, DTX is proving to be more than just hype.
To know more about the DTX Exchange ecosystem, Check out:
