Bitcoin Whale Realizes $1.12B Profit, Sells 3,100 BTC to Buy 50,522 ETH and Open 135,000 ETH 5x Leveraged Long

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

According to Chainalysis and reported by COINOTAG News on August 22, an identified whale/institution that accumulated 10,606 BTC over a roughly seven-year window has realized an aggregate profit of approximately $1.12 billion. The entity executed spot sales of 3,100 BTC (~$348M) and redeployed capital into 50,522 ETH (~$213M) via spot transactions. Additionally, it allocated ~$120M in margin to establish a leveraged long position of 135,000 ETH at ~5x, while retaining 7,537 BTC (around $846M) on its balance sheet. These on-chain movements reflect institutional portfolio rebalancing between BTC and ETH and are presented here based on Chainalysis on-chain reporting without forward-looking assertions.