Gold Hits Record $3.5K as Whales Dump Lackluster BTC for Ether: Crypto Daybook Americas

The price of gold has reached a historic high of $3,500 per ounce as large cryptocurrency investors, often referred to as "whales," are selling off their underperforming Bitcoin holdings in favor of Ether. This significant movement in the market has been noted in the latest edition of the Crypto Daybook for the Americas, indicating a shift in investment strategies among major players in the cryptocurrency space. source: https://www.coindesk.com/daybook-us/2025/09/02/gold-hits-record-usd3-5k-as-whales-dump-lackluster-btc-for-ether-crypto-daybook-americas