Ethereum News Today: Whales Shift Focus: Ethereum Buy, BFX Presale Signal Market Realignment

Whales are increasingly shifting their focus to Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and the presale token BlockchainFX (BFX) in November, signaling a strategic realignment in the crypto market. A recent $32 million Ethereum purchase by a whale on OKX highlights institutional confidence in the asset, while BFX's presale model is attracting investors with its daily rewards and utility-driven approach, according to a Decrypt report.

Ethereum's recent accumulation comes amid broader market speculation about a potential bottom in Bitcoin and Solana. A whale bought 8,350 ETH (worth $32 million) at $3,824, according to Arkham data, following major treasury inflows from companies like SharpLink and Bitmine Immersion Technologies. This contrasts with Solana's struggles, where a whale sold $93 million in SOL over four months, signaling "waning whale confidence" due to scalability concerns, as noted in the Decrypt report. Meanwhile, Bitcoin whales are closing short positions, netting profits as the market hints at stabilization.

BlockchainFX (BFX), however, is emerging as a top short-term play. The presale token offers daily USDT rewards (4–7% APY) and a utility-driven app with 10,000+ daily users. At $0.029, BFX's presale price is set to rise weekly, with analysts predicting a post-launch target of $0.10–$0.25. Early buyers using the code CANDY40 can claim a 40% bonus, while a $500,000 giveaway further incentivizes participation, according to a Cryptopolitan article. The platform's CertiK audit and active trading volume ($30 million in 2025) underscore its legitimacy compared to typical presales.

Chainlink (LINK) is also seeing heavy whale activity, with 53 million tokens added to large wallets in recent weeks. While institutional interest is strong, LINK's current price ($17.7) reflects accumulation rather than a presale opportunity, making BFX a more compelling choice for investors seeking immediate upside, per the Cryptopolitan article. Similarly, Sui (SUI)'s long-term forecasts (targeting $47.50–$57.09 by 2031) appeal to patient investors, but its ecosystem growth in gaming and DeFi lacks the presale mechanics and daily rewards that define BFX's tactical appeal.

The Ethereum whale's $32 million purchase aligns with broader institutional trends, even as ETF flows favor Bitcoin. U.S. Bitcoin ETFs saw $335 million in weekly inflows, while Ethereum ETFs recorded a $22.8 million outflow, suggesting a shift in capital toward Bitcoin and Ethereum over Solana, as reported by Decrypt. This dynamic reinforces BFX's position as a hybrid solution, combining presale accessibility with real-world utility.

With over $10 million raised from 15,500+ buyers, BFX's presale is positioned to capitalize on early-stage momentum. The platform's roadmap includes listings on five exchanges and revenue forecasts jumping from $30 million in 2025 to $1.8 billion by 2030. For investors prioritizing short-term gains, BFX's daily rewards and presale discounts create a unique entry point, while its CertiK audit and active user base mitigate typical presale risks, according to the Cryptopolitan coverage.