Whale sells 502 BTC for ETH again in 20 hours, with a total cash-out of over $180 million

2025-12-14 01:04:12

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【ChainNews】On-chain data tracking shows that a whale address (0x9F61) has been continuously adjusting its asset allocation. In the past 20 hours, this major holder just deposited 502.8 Bitcoin into an exchange and exchanged it for 14,500 Ethereum, with a USD value of 45.24 million.

What’s more noteworthy is the overall activity of this whale — from a long-term perspective, it has gradually converted 1,969 Bitcoin into 58,149 Ethereum. At current prices, the market value of this ETH position has already expanded to $181.4 million.

Such large-scale position adjustments often reflect the market participant’s judgment of market structure. Are they betting on Ethereum’s future performance, or are they balancing risk exposure? Behind every large on-chain transfer, there is often a true market sentiment.

BTC-0.65%

ETH-0.11%

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