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Crypto Whale Sells 1,917.7 Bitcoin for 64,545 Ether in 11-Day Rotation

An unidentified cryptocurrency whale has sold 1,917.7 Bitcoin valued at approximately $159 million to acquire 64,545 Ether worth around $155 million over an 11-day period. Earlier reports indicated the entity liquidated 1,847.3 BTC into 153 million USDC to systematically buy ETH at an average price near $2,400. In updated figures for October 22, the entity sold 246.25 BTC and purchased 8,286 ETH, generating $41.28 million in single-day gross trade volume across $20.64 million transactions on each side.

Category

Bitcoin

Sentiment

Mixed

Event

Analyst flows

Reading time

1 min