A whale address's recent activity is quite interesting. Since adjusting its position yesterday, it has continued to make moves today—just an hour ago, it converted 7,828 ETH (worth approximately $24.6 million) into 269 WBTC.



Looking at this whale's overall strategy, a large-scale ETH liquidation is underway. Based on these recent transactions, it has exchanged 21,973 ETH (total value around $68.9 million) for 761.4 WBTC, with an average cost of about $90,491 per WBTC. It still holds 370 ETH (about $1.16 million), which is a drop in the bucket.

This clearly indicates an asset shift from Ethereum to Bitcoin. Such position changes by large holders often attract market attention.
ETH-1,03%
WBTC-0,66%
BTC-0,77%
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ChainSauceMastervip
· 01-07 00:56
Whales are selling off ETH to buy BTC? This just got interesting. Could it be that the big players are all bearish on Ethereum? I need to stay confident in my own positions.
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FreeMintervip
· 01-05 14:37
The big whale is moving again. Is this really going all in on BTC this time? $68.9 million worth of ETH poured in... Hmm, wait, this pace is a bit suspicious.
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DegenWhisperervip
· 01-05 02:52
Whales are really telling a story, with $68.9 million moving from ETH to BTC... This pace feels like they're making the next move.
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AllInAlicevip
· 01-05 01:09
Whales are rushing to sell ETH and buy BTC... this pace feels a bit strange.
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TokenDustCollectorvip
· 01-04 15:45
Big whale's move... Is it really hinting at something for us? ETH→BTC conversion is so aggressive.
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MidnightTradervip
· 01-04 15:38
Are the whales running? Or are they betting on the next wave of BTC? Putting in 68.9 million feels like more than just a small bet...
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NFT_Therapy_Groupvip
· 01-04 15:35
Big whales' move is really aggressive, directly converting ETH into WBTC... It seems they are very confident in BTC's future prospects. I need to follow this rhythm and copy the strategy.
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LiquidityHuntervip
· 01-04 15:33
Big whales' move this time really seems to be betting on BTC, pouring 68.9 million USD directly from ETH... They must be very bullish on Bitcoin's trend.
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OnchainDetectiveBingvip
· 01-04 15:32
Big Whale's move this time is really aggressive, directly clearing ETH to a mere fraction? Looks like they are really bullish on BTC, we need to keep up with this pace.
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