Whale sells 1,847 BTC over 11 days to buy 63,731 ETH
- —1,847.3 BTC sold since Oct. 11, netting $153 million in USDC
- —Proceeds used to buy 63,731 ETH at an average of about $2,400
- —Another 246.2 BTC ($20.36 million) sold and 10,636 ETH bought in the past day
- —BTC withdrawn from HTX, sold on Hyperliquid, ETH bought on-chain on Ethereum
Why it matters: A large-scale rotation from BTC into ETH may signal that whales are shifting exposure toward altcoins.
Source: PANews