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110d 22h ago

Whale Sells 425 BTC to Acquire 10,567 ETH ($46.5M) — Major ETH Accumulation

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Whale Sells 425 BTC to Acquire 10,567 ETH ($46.5M) — Major ETH Accumulation

COINOTAG News (Sept 2) reports that on-chain monitoring by LookIntoChain identified activity from whale address 0xFf15, which over the past four days sold 425 BTC (about $46.5 million) and purchased 10,567 ETH (about $46.5 million), according to the monitoring dataset.

The disclosed moves represent a reallocation of USD-equivalent exposure from BTC to ETH, indicative of large-scale portfolio rebalancing. These documented on-chain transfers are material to market observers and may influence short-term liquidity and order-book depth, while remaining descriptive of verifiable transaction volumes rather than speculative intent.

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