Ethereum News: Whale Swaps $159M in BTC for ETH in 11 Days as Analysts Eye Pepeto’s 100x

Anyone reading ethereum news this week has watched the price slip and asked who is still buying. ETH trades near $2,399 on CoinGecko, down 5.6% in a day. Yet over 11 days, one wallet sold 1,917.7 BTC and bought 64,545 ETH, per Lookonchain data.

ETH sold for about $0.31 in its 2014 crowdsale, per The Block, and later topped $4,953. A big holder picking Ether near $2,400 leaves a small buyer asking where the early price sits today. One answer is Pepeto, a presale meme token with a no fee exchange and over $11.2 million raised.

Ethereum News: One Wallet Traded $159 Million of Bitcoin for Ether

The ethereum news that matters this week is one wallet’s steady switch. On October 22, it sold 246.25 BTC and bought 8,286 ETH, each worth about $20.64 million, ChainCatcher reported, citing Lookonchain. Across 11 days, the same wallet sold 1,917.7 BTC, about $159 million, and bought 64,545 ETH, about $155 million, per Coinfomania.

It kept buying while ETH fell 3.6% to $2,408 that day, per Investing.com. One wallet is not a trend. Still, it shows some big money moving toward Ether and away from Bitcoin.

Ethereum News for Smaller Buyers: Pepeto’s Free Bridge, ETH’s Floor and Bitcoin’s Ceiling

Pepeto: A $0 Bridge That Moves Coins Across 5 Chains in Under 60 Seconds

A whale can shift $155 million from one coin to another in days. A small buyer moving his coins between chains pays a fee at every step. Pepeto set out to close that gap.

Most people move their coins between chains with a bridge, and most bridges charge $15 to $50 per transfer. Many take minutes, and some take hours. On some, a failed transfer can lock the funds for good.

Pepeto’s cross chain bridge is live today, and its bridge fee is $0. Only the network gas still applies. It links Ethereum, BNB Chain, Solana, Base and Arbitrum, and a transfer takes under 60 seconds. One sample move finished in 41 seconds.

The savings add up quickly. Ten moves a month on a bridge charging $30 each cost $300. On Pepeto’s bridge, those same ten moves cost gas and nothing more.

The bridge locks your tokens in an audited contract on the first chain. Then it mints the same amount on the second, once the lock is proven on chain. If a transfer fails, the lock reverses on its own. No company holds your coins at any point, so there is no middleman to trust.

The token sells for $0.0000001902 at this stage, after raising more than $11.2 million. Each new stage costs more, so today’s buyers pay less than anyone who follows them.

A Binance listing is approaching, and analysts project a 100x run once the token trades, which is far from certain. The bridge already works, while the token still sells at an early presale price. Tools usually come after a listing, and here they came first.

Ethereum: ETH Must Hold $2,300 Before Anyone Talks About Records

ETH trades near $2,399 on CoinGecko, about 52% under its $4,953.73 record from August 24, 2025, per CoinMarketCap. Buyers defended $2,300 twice this month, at $2,313 on October 15 and $2,325 on October 18, 24/7 Wall St noted on October 22. Above sit the 20 day average at $2,520 and the 50 day at $2,551. A daily close under $2,313 opens $1,860, while getting back to the record is roughly a 2x.

Bitcoin: BTC Slides Under $82,000 While the Whale Sells

Bitcoin is the coin that whale keeps selling. BTC fell 3.5% to $81,652 on October 22 after nearly touching $85,000 overnight, Investing.com reported, as tech stocks dropped and oil rose. It now sits near $81,630 on CoinGecko, about 36% under its $126,080 record. Getting back there means a 56% climb, a real gain but a slow one for a $1.6 trillion coin.

Conclusion

ETH needs roughly 2x to get back to its $4,953 record, even after a $155 million whale buy. This ethereum news shows one big holder still backs Ether, but ETH is already a $290 billion coin. Pepeto starts far smaller and pairs things that rarely meet in one coin. The cofounder built the original Pepe, its exchange and $0 bridge are live, and a Binance listing is approaching.

Should the 100x call prove right, buyers holding before that day see the whole move. Prices on the Pepeto official website step up stage by stage, and the current step has not closed.

Click To Visit Pepeto official Website To Enter The Presale

FAQs

What is the biggest ethereum news this week?

The biggest ethereum news this week is one wallet that swapped 1,917.7 BTC for 64,545 ETH in 11 days. Pepeto offers smaller buyers a live $0 bridge.

Is Pepeto a crypto with 100x potential?

Analysts project Pepeto can rise 100x after its Binance listing, a big if and no promise. The Pepeto official website shows a price that climbs at every new stage.