2026-01-07 03:28:09

The latest activity from a major strategic reserve address has attracted attention. The wallet withdrew 162.69 Bitcoins from a large lending protocol in just ten minutes, equivalent to approximately $15.07 million. It then sold 27.1 Bitcoins on a DEX platform, exchanging them for 770.6 Ethereum, with a transaction value of $2.5 million. More notably, this activity seems to be ongoing—the wallet still holds a large position of Bitcoin awaiting deployment. This series of operations indicates that institutional funds are adjusting their strategy, shifting positions from Bitcoin to Ethereum. In the current market environment, such large fund flows often reflect market participants' latest judgments on the prospects of different assets.

BTC0,29%

ETH0,53%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
6
Repost
Share

Comment

0/400

MetaMaskVictim

· 01-09 23:49

Damn, are they trying to cut the leeks again? 162 Bitcoins were dumped in just ten minutes. How bearish is that? Wait, switching to Ethereum? Are institutions now bottom-fishing ETH? This rhythm doesn't seem right, friends. Retail investors are still holding the bag.

View OriginalReply0

PerpetualLonger

· 01-09 18:03

Oh my god, institutions are switching positions while I'm still holding onto BTC. Is this a signal? Wait... Isn't this the prelude to bottom-fishing? I'm adding to my position. Large funds are moving into Ethereum. Is this the chance to break even? The bull market hasn't started yet, everyone. Hold steady and don't move. This round of institutional moves clearly shows they are optimistic about ETH. Why haven't I acted yet? Another wave of the "scalping" routine. I'm fully in BTC, not afraid. This rhythm... feels like a breakout is just around the corner. The last chance to add to my position.

View OriginalReply0

AlwaysAnon

· 01-07 03:49

The head wallet is moving again. Is this really going all in on ETH this time? --- Wait, 162 BTC in ten minutes? That’s a bit quick, isn’t it? Could it be forced liquidation... --- Institutions switching this aggressively, exchanging 27 BTC for 770 ETH. Looks like they’re starting to bet on Ethereum too. --- Copying others’ moves until it hurts, following the big players is the way to go. --- Again with this kind of "large transfer reflecting judgment" statement. I feel like I’ve heard it a hundred times... --- 170 million USD worth of BTC was sold off. Are there more moves coming? This could blow up. --- The worst part is discovering these moves early; by the time I see on-chain data, it’s already too late. --- Why believe this is "strategic reserves"? Could they just be harvesting profits? --- Wait, why the rush to sell within ten minutes? There’s a story behind this. --- The recent rise in ETH depends on how much institutions are willing to buy. I bet they’ll add to their positions.

View OriginalReply0

MentalWealthHarvester

· 01-07 03:40

Bro, the signal to buy the dip on ETH is here, institutions won't deceive institutions

View OriginalReply0

TestnetFreeloader

· 01-07 03:35

The big whale is causing trouble again, cashing out 15.07 million in ten minutes. What is this hinting at? Selling Bitcoin to buy Ethereum, is the institution bullish on Ethereum taking off? Wait... Is this move about crashing the market? I need to quickly check the trend. Oh no, here it comes again. When big players act, retail investors just follow and guess, so exhausting. The term "position switching" sounds suspicious. Are they really bullish or just trying to cash out and walk away? Bitcoin is about to cool off, some people are moving to Ethereum. Over 170 Bitcoins are being sold just like that. Such a move is not something an ordinary person can pull off. I calculated that the profit made in these few minutes is enough for an average person to work a lifetime. Thinking about it, it's a bit hopeless. So is now a good time to enter Ethereum or should I run away? These signals are really a bit confusing.

View OriginalReply0

GetRichLeek

· 01-07 03:34

Damn, big whales are bottoming out on Ethereum? How come I'm still stuck in a position? --- On-chain data shows a bottoming signal, but I went against it yesterday and lost big... --- Institutions are switching tracks, while retail investors are still chasing highs and selling lows. Laughing to death. --- 160+ Bitcoins in 10 minutes, such a move... How long will it take me to accumulate this much? --- Here we go again, is this wave of Bitcoin about to crash Ethereum? --- Wow, the on-chain whales are operating so aggressively, my chip distribution analysis is all useless. --- Feels like I should FOMO into Ethereum this wave, but I'm really afraid of the top... --- I already said Ethereum has potential, but I didn't have the funds to add more, really frustrating. --- The whales are laying out their positions, what's the next move to cut the chives?

View OriginalReply0