Whale large-scale repositioning: 282 BTC swapped for over 8000+ ETH, a clear signal of portfolio structure adjustment

DAOplomacy · 2026-01-14T01:46:15+00:00

Recently, a large whale or institution exchanged 282.1 BTC for 8098 ETH through the THORChain cross-chain bridge, indicating that they have not fully liquidated their holdings but are instead making phased asset allocation adjustments. This address still holds 646.5 BTC, worth $61.68 million, and their subsequent actions are worth monitoring.

DAOplomacy

2026-01-14 01:46:15

Abstract generation in progress

【BitPush】On-chain data shows that a suspected whale or institutional account’s recent activity is quite interesting. This entity used the cross-chain bridge protocol THORChain to exchange 282.1 BTC (equivalent to 26.33 million USD) all at once for 8098 ETH, with the exchange rate at the time roughly around 3251 USD per ETH.

More notably, this address still holds 646.5 BTC, with a total value of 61.68 million USD. Judging by the stance, it’s clear that they have no intention of fully liquidating. Based on the scale and pace of the rebalancing, this is likely just a phased asset allocation adjustment—cautiously but firmly reshaping their holdings. Operations by such big players often signal certain market cues, so continued attention to this address’s activity is necessary.

BTC3,74%

ETH5,52%

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HodlVeteran

· 13h ago

This whale player hasn't fully liquidated yet, it seems they still have confidence in BTC, but this wave of switching to ETH... looks a bit like the way I used to get caught before. --- 282 BTC for ETH, with this kind of move, I could never handle this kind of position in my life. --- Here we go again, this time it's the story of swapping BTC for ETH. I got caught in this last time, just take a look and don't follow the trend. --- Holding 646 BTC without moving, truly conservative to the core. As a retail investor, I already went all-in and sold out long ago. --- Is the bear market bottomed out? Or is it another round of chopping the leeks? I really can't understand the actions of these big players. --- The cross-chain bridge technique of THORChain sounds complicated just hearing about it. I still prefer to trade directly on exchanges, less hassle.

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GateUser-ccc36bc5

· 13h ago

Is this whale starting to be bullish on ETH? 282 BTC, ready to swap at any time, that's interesting.

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NFT_Therapy

· 13h ago

Whale's move this time is actually quite interesting. Instead of cutting losses, they are adjusting their positions, indicating they are still optimistic about the future market. This rhythm feels like a bet on ETH's breakout period. The determination to exchange 282 BTC for ETH is quite strong. Is there anything we can infer from the operation involving 26.33 million dollars? These big players are truly different; we need to keep a close eye on them. Even at 26.33 million dollars, they are still adjusting their positions. As small retail investors, let's not bother too much. Follow the big fish and enjoy the feast. Thinking from another perspective, if whales are starting to increase their ETH holdings, does it mean there are some new developments in Ethereum's fundamentals?

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WalletDivorcer

· 13h ago

282 Bitcoins for over 8,000 Ethereum, is this guy hinting at something?

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SorryRugPulled

· 13h ago

Wow, this pace... They're really quietly rebalancing, it's not as simple as it looks.

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AirdropLicker

· 13h ago

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MentalWealthHarvester

· 13h ago

282 BTC pouring into ETH, is this guy bullish on Ethereum or not so bullish on Bitcoin? Keep an eye on it.

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