2026-01-04 12:07:47

On-chain data monitoring shows that a large ETH whale recently made a significant position adjustment. The whale sold 7828 ETH today (approximately $24.6 million) and exchanged all of it for 269 WBTC.

This operation is just the tip of the iceberg. According to tracking records, during recent continuous trading, this whale has converted the vast majority of its ETH holdings into WBTC — a total of 21,973 ETH sold (worth about $68.9 million), exchanged for 761.4 WBTC, at an average price of $90,491.

It is worth noting that the whale now only holds 370 ETH remaining, almost completing a full switch from ETH to WBTC. This kind of large-scale asset restructuring usually reflects a major investor’s reassessment of market prospects.

ETH-4,01%

WBTC-2,43%

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consensus_failure

· 11h ago

The whale has left, is it all over now?

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BottomMisser

· 12h ago

The whales have left, and we're still stubbornly fighting over ETH...

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Degentleman

· 01-04 12:37

The whales have left, it seems they are really bearish on ETH. This wave is a bit hard to hold up.

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StableGenius

· 01-04 12:37

lmao the whale basically rage-quit ethereum... empirically speaking this screams "btc dominance cycle incoming" but go ahead, keep telling yourself eth summer is coming

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OffchainOracle

· 01-04 12:37

Did the whale run away? No, it should be that it moved from Ethereum to Bitcoin.

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HodlOrRegret

· 01-04 12:28

Big whales are betting on Bitcoin, it looks like BTC is about to take off. Selling so much ETH? Something's off, could it be bearish on Ethereum? Direct transfer of $68.9 million to WBTC, this pace... need to keep a close eye. Signal before whales run away? Or just a simple bullish outlook on Bitcoin. This buy and sell... smart or impulsive, depends on the subsequent trend. Major players are bottoming out on Bitcoin, should I follow or think twice? 21,973 ETH, how many people have been wiped out because of this. Cutting losses and switching, it seems someone really sees through something. Is Bitcoin about to have ETH for lunch? Transferring everything within a month, this isn't short-term trading.

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GmGmNoGn