Ancient whale continues its rotation to Ethereum, sells another 2,000 BTC

By Hannah Pérez

The whale in question woke up at the beginning of August after 7 years of inactivity, to start changing its Bitcoins holdings for Ethereum. Since then he has bought 886,317 ETH, according to Lookonchain.

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• This vintage whale of Bitcoin sold 2,000 BTC for Acquire 48,942 eth.
• The unknown headline woke up at the beginning of August after 7 years of inactivity.
• He has been rotating his Bitcoin holdings for a total of 886,317 eth.

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The ancient whale of Bitcoin (BTC) continues to rotate your holdings towards Ethereum (ETH), this time allocating more than USD $ 200 million to buy another lot of the second largest cryptocurrency.

The chain analyst Lookonchainwho has been tracking this great specific headline, reported in the early hours of Monday that the wallet sold 2,000 BTC to acquire 48,942 ETH in the course of four hours early.

This bitcoin og has sold Another 2,000 $ BTC($ 215m) and boought 48,942 $ Eth ($ 215m) Spot Over the Past 4 Hours.

In total, he has boought 886,371 $ Eth($ 4.07b) .https: //t.co/qtqdgpt2cq pic.twitter.com/ymvyhyirfo

– Lookonchain (@lookonchain) SEPTEMBER 1, 2025

The movement is part of a series of actions that the owner unknown has been taking to rotate their holdings of Bitcoins Towards eth. Lookonchain He first identified the address at the beginning of August after the wallet was reactivated for the first time in seven years.

Like other ancient addresses, the analyst baptized her as an “OG” of Bitcoin —A term that refers to a veteran with a lot of Bitcoinspossibly involved in the industry from its early stages (usually from the first years of Bitcoinaround 2009-2013, or the call was Satoshi).

The analysis platform team Blockchain, Arkham Intelligence, He noticed Friday that the large investor that originally had USD $ 5,000 million in Bitcoin He had sent USD $ 1.1 billion to a new wallet to buy ETH.

“A whale with more than USD $ 5 billion in BTC is buying Eth “the investigators said then.

Hours before early Monday sales, the whale had transferred 4,000 BTC to buy 96,859 ETH on Sunday, he reported Lookonchain. In total, the “OG” of Bitcoin has bought 886,317 ethadded the account in X, which is equivalent to USD $ 3.9 billion at the current market price of USD $ 4,400 per unit of Ethereum.

Whale movements

Transactions are produced in the midst of a broader awakening of old cryptocurrencies in recent months. In July, for example, a soat era whale moved 80,000 BTC (more than USD $ 9 billion then), obtaining a huge gain for the coins that it had initially received in 2011 in what was called the largest sale of Bitcoins ancient in history,

Last week, we reported another separate entity that sent 750 BTC, then valued at approximately USD $ 83.4 million, to cryptocurrency exchange Binance Meanwhile, chain data have revealed that certain whales are chosen to migrate part of their treasures of Bitcoin toward Ethereum in the middle of a renewed impulse of that cryptocurrency.

Ethereum He has been capturing the interest of institutional and retail investors, a trend that is reflected in the aggressive corporate purchases and record flows of the funds quoted in the stock market (ETF) of ETH al cash in the US Ethereum They added more than USD $ 9 billion while the ETFs attracted almost USD $ 4 billion.

The renewed appetite promoted ETH on an approximate new historical maximum of USD $ 4,950 on August 24. While the price of Ether It has now retreated 11% from that peak in a generalized bearish action, its gain of 74% in the last three months even exceeds the performance of just 4% of Bitcoin In the same period.

ETH is negotiated around USD $ 4,390, 1.8% lower in 24 hours, while BTC is below USD $ 109,000with a modest gain of 0.2%, according to data from Coingcko. Both accumulate losses of between 2% and 5% in the week, with the distinguished cryptocurrency correcting 12% from its historical maximum of USD $ 124,000.

Those directions, people or entities with huge amounts of a cryptocurrency – in this case Eth are known as whales. The merchants closely monitor whales in search of signals about the feeling of the market and due to their ability to impact prices. Those that have remained without movement for decades are particularly striking, because it could potentially indicate a loss of long -term confidence in a project.

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Article written with the help of AI, edited by Diariobitcoin

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