Everyone reading the Ethereum news this week has been watching the price close and wondering who is still buying. ETH is trading near $2,399 on CoinGecko, down 5.6% in one day. But 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 rose to $4,953. A large holder picking Ether at $2,400 leaves a small buyer wondering where the early price is today. One answer is Pepeto, a pre-sale meme token with an exchange with no fees and over $11.2 million raised.
Ethereum News: One wallet traded $159 million worth of Bitcoin for Ether
The Ethereum news that matters this week is the permanent switch of a wallet. On October 22, it sold 246.25 BTC and bought 8,286 ETH, each worth about $20.64 million, ChainCatcher reported, citing Lookonchain. Over 11 days, the same wallet sold 1,917.7 BTC, about $159 million, and bought 64,545 ETH, about $155 million, per Coinfomania.
It continued to buy, while ETH fell 3.6% to $2,408 that day, per Investing.com. A wallet is not a trend. However, it does show some big money moving to 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 move $155 million from one coin to another in days. A small buyer who moves his coins between chains pays a fee at each step. Pepeto set out to close that gap.
Most people move their coins between chains using a bridge, and most bridges cost $15 to $50 per transfer. Many take minutes, and some hours. On some, a failed transfer can lock up the funds for good.
Pepeto’s cross chain bridge is live today, and his bridge fee is $0. Only the network gas still applies. It connects Ethereum, BNB Chain, Solana, Base and Arbitrum, and a transfer takes under 60 seconds. A sample move is completed in 41 seconds.
The savings add up quickly. Ten moves per month on a bridge that costs $30 each costs $300. On the Pepeto Bridge, the same ten moves cost gas and nothing more.
The bridge locks your tokens in a verifiable contract on the first chain. Then it mints the same amount on the second, once the lock on the chain is proven. If a transfer fails, the lock reverses itself. No company holds your coins at all times, so there is no intermediary to trust.
The token sells for $0.0000001902 at this stage, having raised 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 are projecting a 100x run once the token trades, which is far from certain. The bridge is already working, while the token is still selling 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 is trading near $2,399 on CoinGecko, about 52% below its $4,953.73 record from August 24, 2025, per CoinMarketCap. Buyers defended $ 2,300 twice this month, at $ 2,313 October 15 and $ 2,325 October 18, 24/7 Wall St noted October 22. Above sits the 20 day average of $2,520 and the 50 day average of $2,551. A daily close below $2,313 opens $1,860, while returning to the record is about 2x.
Bitcoin: BTC Slips Below $82,000 Amid Whale Selling
Bitcoin is the coin that whales sell on. BTC fell 3.5% to $81,652 on Oct. 22, after touching nearly $85,000 overnight, Investing.com reported, as tech stocks fell and oil rose. It now sits at $81,630 on CoinGecko, about 36% below 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 about 2x to get back to its $4,953 record, even after a $155 million call purchase. This Ethereum news shows that one major holder still supports Ether, but ETH is already a $290 billion coin. Pepeto starts much smaller and pairs things that rarely meet in a coin. The co-founder built the original Pepe, his exchange and $0 bridge are live, and a Binance listing is coming.
Should the 100x call prove correct, buyers who hold before that day will see the full move. The prices on the official website of Pepeto are increasing step by step, and the current step is 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 a wallet that traded 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 increase 100x after its Binance listing, a big if and no promise. Pepeto’s official website shows a price that increases with each new stage.
For information purposes only. Crypto carries risk. Not financial advice!