Whale Sells 1,200 ETH ($4.97M), Swaps 3,900 ETH into 143.26 WBTC — $228K Profit
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
COINOTAG News (August 20) cites on-chain analyst Ai Auntie reporting that, at the end of July, a crypto whale accumulated approximately $20.8 million of ETH at an average price near $3,958 and subsequently repositioned holdings into WBTC.
Per the on-chain report, during yesterday’s dip the entity sold 1,200 ETH (around $4.97M) at $4,147.86, realizing a documented profit of about $228,000. The remaining 3,900 ETH were swapped two hours ago into 143.26 WBTC, with the ETH leg executed at $4,169 and WBTC acquired at $113,493.
These verified transactions represent a clear on-chain reallocation from ETH to WBTC. Market participants and analysts can use the recorded sizes and execution prices to assess potential impacts on liquidity and short-term order-book dynamics without inferring unverified intentions.