The high-profile Bitcoin whale who swapped ETH has sold 34,110 BTC over the past 11 days and bought 813,298.84 ETH.

By: theblockbeats.news|2025/08/31 21:32:20

BlockBeats News, August 31st, according to @mlmabc monitoring, a high-profile Bitcoin whale who has been rebalancing into ETH has sold 7,000 BTC (about $7.59 billion) in the past 46 hours and purchased 171,791.84 ETH (about $7.73 billion). The whale still holds 3,000 BTC (about $3.25 billion) in the address starting with 169qY, which is likely to be rebalanced into ETH.

Furthermore, the whale's wallet also holds 46,816 BTC (about $50.7 billion), of which, based on previous activity, another 14,495 BTC (about $15.7 billion) may be rebalanced into ETH, but the remaining 32,321 BTC (about $35 billion) is currently of unknown movement. Overall, it appears that the whale intends to rebalance their entire holdings. This is speculation and not investment advice, and the true intentions of the whale are unclear.

As of now, in the past 11 days, the whale has sold 34,110 BTC (about $37 billion) and purchased 813,298.84 ETH (about $36.6 billion).

-- Price

The various iterations of Uniswap are one of the sources of vitality in the DeFi market, but since 2023, Uniswap has not proposed any substantial innovations, instead adhering to traditional business explorations in application chains, Launchpads, etc., leading to a slump in token prices and market ...

What is the key to competition in crypto banking?

Digital banks, crypto cards, wallets, super apps, and DeFi protocols are all converging towards the same goal: to become the primary gateway for your savings, spending, earning, and transferring in the new era.

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis

Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026

Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Can You Win Joker Returns Without Large Trading Volume? 5 Mistakes New Players Make In WEEX Joker Returns Season 2

Can small traders win WEEX Joker Returns 2026 without huge volume? Yes—if you avoid these 5 costly mistakes. Learn how to maximize card draws, use Jokers wisely, and turn small deposits into 15,000 USDT rewards.

Altcoin Season 2026: 4 Stages to Profit (Before the Crowd FOMO In)

Altcoin Season 2026 is starting — discover the 4 key stages of capital rotation (from ETH to PEPE) and how to position before the peak. Learn which tokens will lead each phase and avoid missing the rally.

How Do Digital Assets Self-Custody? OpenAI Cofounder's 15-Step Checklist

It's time to outsource our memory to AI

Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems