2026-01-04 12:08:37

A major whale has shown a clear asset allocation adjustment today. According to on-chain data monitoring, this ETH whale exchanged 7,828 ETH (approximately $24.6 million) into 269 WBTC today.

What’s more noteworthy is that this is not an isolated operation. From its complete transaction record, this whale has systematically converted the vast majority of its ETH holdings — a total of 21,973 ETH, equivalent to about $68.9 million, into 761.4 WBTC. Based on this calculation, the average cost basis for its WBTC is approximately $90,491.

After the conversion, the whale’s ETH holdings have been significantly reduced, leaving only 370 ETH. This large-scale shift from ETH to WBTC reflects this major holder’s optimistic attitude towards Bitcoin assets.

ETH-4,15%

WBTC-2,73%

BTC-2,68%

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GasFeeVictim

· 01-05 06:10

The whales have left, is ETH doomed? No, it should be BTC that's more attractive... This pace is getting a bit tense.

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DecentralizedElder

· 01-04 12:38

This whale's move is quite interesting... $68.9 million directly poured from ETH into BTC, this signal is pretty strong.

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UncleWhale

· 01-04 12:30

Nah man, Big Whale's move... They're really betting on BTC to take off, $68.9 million, just smashing it like that, how bold do you have to be?

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BearMarketLightning

· 01-04 12:15

Big whale's move is really bold, switching from ETH to BTC, betting on the upcoming Bitcoin market. Only 370 ETH holdings left, you must be really bullish on BTC to do this... Bought at an average price of $90,491, now his mindset must be quite complex. Wait, this conversion scale is already $68.9 million, how much impact does it have on the market? Did this guy smell something ahead of us? Or is he just purely betting on the Bitcoin bull market? Over $69 million, just switch like that—really has some guts.

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RugPullSurvivor

· 01-04 12:09

68.9 million invested in BTC, this guy really dares to go all in --- ETH cut positions so aggressively, is Bitcoin about to take off? --- Another smart money shifting to BTC, should I follow the trend? --- 69 million worth of WBTC at cost price over 90,000, this pace doesn't seem right --- Watching whale movements is much more reliable than looking at K-line charts haha --- Switching from ETH to BTC, anyone can see that Bitcoin is going to rally this year --- This position adjustment is incredible, I just want to know if there are bigger moves coming --- 21,973 ETH sold just like that, I need to reflect on my own faith

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