Whale Flips $2.6B from BTC to ETH, Nets $33M Profit

Whale Flips $2.6B from BTC to ETH, Nets $33M Profit

A colossal Bitcoin investor—an estimated $11 billion whale—has executed a strategic rotation from Bitcoin into Ethereum, underscoring heightened investor confidence in ETH’s near‑term upside. Over the past week, this whale liquidated 22,769 BTC, valued at approximately $2.59 billion, deploying those proceeds into 472,920 spot ETH (circa $2.2 billion) and establishing a $577 million perpetual long position on the decentralized trading venue Hy...

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