- Whale flips $437M in BTC into 96K+ ETH
- Realized $2.6M profit from $ETH long before switching
- Accumulated $2.94B in ETH over the past week
Massive Shift from BTC to ETH by Satoshi-Era Whale
In a surprising and bold move, a Satoshi-era Bitcoin whale has shifted massive funds from Bitcoin into Ethereum . Within the past 14 hours, the whale sold 3,968 BTC (worth $437 million) and immediately bought 96,531 ETH (valued at $443 million), marking a clear pivot toward Ethereum dominance.
Even more remarkably, this wallet had just closed a massive 96,452 ETH long position with a $2.6 million profit before entering spot. This type of strategic exit and re-entry signals high-level market timing and deep conviction in Ethereum’s upcoming performance.
$2.94B in ETH Accumulated in One Week
This isn’t a one-off trade. Over the last week alone, the whale has accumulated a jaw-dropping 641,508 ETH, totaling roughly $2.94 billion. That scale of movement is rare—even among the largest crypto players—and suggests this whale sees significant upside in Ethereum’s short- to mid-term outlook.
While the identity remains anonymous, wallets tied to the Satoshi-era typically belong to early adopters or miners who have held large BTC reserves for over a decade. A move of this scale from such a figure can influence broader market sentiment.
What This Means for the Market
A shift of this magnitude could indicate a changing sentiment among crypto veterans, potentially favoring Ethereum’s evolving use cases, upcoming upgrades, or its dominance in DeFi and smart contracts.
This whale’s transition from BTC to ETH could act as a bullish signal for Ethereum, particularly if other large holders begin to follow suit. It also adds pressure on Bitcoin’s dominance and could spark a broader rotation within the crypto market .
As always, traders should be cautious—but moves like this are impossible to ignore.
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