On-chain monitoring data shows that a large holder with a position exceeding 4 years adjusted their strategy today. This whale address, which accumulated holdings through multiple exchanges since early 2022, began rebalancing today — selling 14,145 ETH (equivalent to approximately $44.3 million) and switching to buy 492 WBTC as an alternative allocation.



Regarding transaction details, the exchange rate for this rebalancing was approximately 0.03478, and the average cost basis for WBTC was around $90,014. From a holding logic perspective, long-term holders shifting from Ethereum to Bitcoin may reflect a rethinking among market participants about asset allocation. Such large-scale actions by major holders often provide some reference signals for the market.
ETH-2,35%
WBTC-1,31%
BTC-1,25%
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CodeZeroBasisvip
· 01-05 04:47
Whales are dumping ETH into BTC, this move is quite interesting Major investors are reallocating their positions, and we're still debating when to get in 44.3 million invested to buy BTC, it seems long-term players still believe in the big brother Holding since 2022 until now, this is true faith, we must strengthen ourselves Is BTC about to take off? Otherwise, why would whales operate like this
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AirdropDreamervip
· 01-03 23:31
Sell ETH to buy BTC? Has this whale sniffed something out?
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AirdropHarvestervip
· 01-03 05:48
Selling so much ETH to accumulate BTC, what is this hinting at? Or do you simply think BTC is more resilient?
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MysteryBoxOpenervip
· 01-03 05:40
Whales are starting to move again, shifting from ETH to BTC... Could they be sensing a trend?
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GasFeeVictimvip
· 01-03 05:34
Whales are starting to slow down. Should we follow the trend or wait and see...
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MevWhisperervip
· 01-03 05:29
Whales are up to something again... This time switching entirely from ETH to BTC, it seems big players have caught on to something --- $43.3 million in repositioning, this is no small matter, brother --- Is ETH going to cool off? Or is BTC about to soar? Old whale's moves are worth pondering --- Wait... 492 WBTC? That ratio is a bit particular, we need to see how they proceed next --- Another trick of big players switching positions, every time trying to follow the trend but always lagging behind... --- Escaping from Ethereum to Bitcoin, has the market sentiment changed? --- Holding for over 4 years before moving, it shows they are really thinking about something... We just chase the highs and sell the lows haha --- Entry at a cost basis of 90014 in WBTC, this guy is quite confident
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