According to COINOTAG and on‑chain analytics provider OnchainLens, a prominent Bitcoin OG whale executed a large-scale swap in the last three hours, converting **1,276 BTC** into ETH with a notional USD value of about $1.4709 billion. The trade was identified via on-chain monitoring and classified as a significant liquidity reallocation rather than routine retail activity.

Following the transaction, the wallet now holds approximately 221,600 ETH, with an estimated USD valuation near $1.06 billion per the same on-chain sources. Market participants and institutional desks should consider potential short-term order-book effects; the reporting confirms the executed trade without inferring any future investment strategy.