2026-01-14 05:30:09

The big whale today made a move on the chain — using the THORChain cross-chain tool, exchanged 282.1 BTC (worth approximately $26.33 million) for 8,098 ETH, with an execution price of $3,251 per ETH.

This transaction signal is clear: the whale is shifting positions from Bitcoin to Ethereum. More notably, they still hold 646.5 BTC (about $6.168 million), which suggests there may be further rebalancing actions in the future.

From the perspective of holdings structure, such large cross-asset allocations often reflect institutional investors' short-term market outlook — whether chasing opportunities in the ETH ecosystem or adjusting risk exposure. Every move by on-chain whales is worth close attention from market participants.

BTC3,53%

ETH5,16%

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RegenRestorer

· 14h ago

282 Bitcoins for over 8000 Ethereum, this guy is really bullish on the ETH ecosystem The big whale still has 646 BTC in hand, probably going to keep shifting positions This move... how much confidence does it take to operate like this With THORChain cross-chain trading, swapping BTC for ETH is becoming more and more convenient But, at the price of 3251, will you regret entering ETH? It all depends on how the market moves next Position switching like this, ordinary people like us don’t really understand Over 26 million dollars changing direction, on-chain whales are playing wildly Is this a bottom-fishing move for ETH, or is there some other information Following the whale’s rhythm, in the end, everyone becomes a leek So when will the remaining 600+ Bitcoins move?

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faded_wojak.eth

· 14h ago

282 BTC for ETH? What is this guy betting on... Could it be that he's optimistic about the recent developments in the Ethereum ecosystem? There are still over 600 BTC untouched; let's keep watching. Every move by the big players can indeed set the trend.

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ChainProspector

· 14h ago

282 BTC for ETH, this guy really believes in Ethereum. There's still 646 BTC left, and he probably will keep investing more later.

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RugPullProphet

· 14h ago

Why hasn't this whale run away yet? Investing 282 Bitcoins like this, do they really believe in Ethereum or are they just trying to harvest the little guys?

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airdrop_huntress

· 14h ago

Here comes another big whale to cut the leeks, this time targeting the ETH ecosystem... Still holding so much BTC in hand, feels like there's still hope ahead.

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ser_ngmi

· 14h ago

282 BTC for ETH, this guy really believes in Ethereum. There are still over 600 BTC untouched... need to keep a close watch on this.

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GasGasGasBro

· 14h ago

282 BTC for over 8,000 ETH, what is this whale betting on... And over 600 BTC haven't moved, there must be more to come.

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