Whale Rotates Over $100 Million From Bitcoin to Ether as Conversions Top 39,832 ETH

A monitored cryptocurrency whale wallet has converted more than 39,832.76 Ether from Bitcoin since Oct. 11, pushing cumulative rebalancing past $100 million in aggregate value. Over the latest 24-hour period, the entity swapped 13,036.32 Ether worth about $32.59 million. The accumulation follows an earlier multi-step rotation where 837.8 Bitcoin was exchanged for 27,500 Ether at an average price of $2,534, valued at roughly $69.68 million. The persistent transactions, tracked under the label 'UBTC 换仓 ETH巨鲸', signal notable capital reallocation toward Ethereum.