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Reading: Whale Wallets Target MAGACOIN FINANCE as Ethereum EIP-7702 Spurs Shift in Altcoin Season 2025
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Blockchain Security

Whale Wallets Target MAGACOIN FINANCE as Ethereum EIP-7702 Spurs Shift in Altcoin Season 2025

Last updated: August 30, 2025 1:55 am
Published: 5 months ago
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The crypto market has entered a fresh phase of speculation, with large investors making bold moves.

Following the launch of Ethereum’s EIP-7702 upgrade during the Pectra hard fork in Q2 2025, concerns around security flaws have dominated conversations.

Reports show scammers are exploiting the new delegation system to drain wallets, raising alarm bells across the community.

Yet, instead of backing away, whale wallets are doubling down on top assets like Bitcoin and Ethereum, signaling belief in their long-term value.

At the same time, a new project — MAGACOIN FINANCE — is gaining attention as one of the best altcoin to buy now, especially as excitement builds for the coming altcoin season 2025. Backed by a HashEx audit, it’s starting to look like the rising star of the cycle.

While Ethereum maintains its dominance, many whales are hedging their bets by exploring other top altcoins to buy 2025.

One project that has caught their eye is MAGACOIN FINANCE — a rising player that blends community engagement, security, and real-world impact.

The timing is no coincidence. With EIP-7702 drawing scrutiny, large investors are looking for safer havens to spread risk.

That’s where MAGACOIN FINANCE comes in. Unlike many speculative meme tokens, it has undergone a full smart-contract security audit by HashEx, one of the most trusted blockchain security firms.

Passing all tests has boosted confidence that funds remain protected from the kinds of malicious delegations plaguing Ethereum.

Whales have been moving considerable sums into projects like MAGACOIN FINANCE, seeing it as not just a speculative asset but also part of the best altcoin to buy now list for those seeking both growth and security.

With some forecasts suggesting a potential 45x ROI, early adopters are already using the code PATRIOT50X to access a 50% bonus before allocations run out.

Ethereum’s EIP-7702 was supposed to bring efficiency through features like session keys, gas sponsorship, and batch transaction support.

But this update fallout revealed weak points. Security researchers have flagged that nearly 97% of recent delegations ended up in malicious “sweeper” contracts, where attackers use DELEGATECALL loopholes to siphon tokens from wallets.

Losses have been painful. One investor lost $1.54 million on a fake Uniswap trade, while other scams accounted for more than $1 million in stolen funds.

Despite the challenges, whales have increased their Ethereum holdings. Between August 26-27, a well-known Bitcoin OG sold 3,968 BTC worth $437 million and bought 96,531 ETH valued at $443 million.

In a week, this wallet alone scooped up 641,508 ETH, equal to $2.94 billion.

That level of confidence fuels the conversation around which is the best crypto investments heading into 2025.

Many analysts continue to issue an Ethereum price prediction 2025 between $8,000 and $12,000, placing ETH high on lists of the top altcoins to buy 2025. For investors looking at the long game, Ethereum remains a major contender in the digital asset space.

The recent wave of whale activity highlights a major trend: large players are preparing for an altcoin boom in 2025. With Ethereum navigating security issues and working on scaling, many investors are also considering diversification into emerging projects.

Established tokens like Ethereum remain central to most portfolios, especially with an Ethereum price prediction 2025 pointing toward stronger valuations in the long run.

At the same time, MAGACOIN FINANCE is presenting itself as one of the top altcoins to buy 2025 by offering utility-driven features, a secure foundation through its HashEx audit, and a clear mission that resonates with a growing community.

As the market adapts to the fallout of EIP-7702, projects that combine security with long-term vision could become the best crypto to buy now for investors seeking both returns and impact.

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