According to @mlmabc monitoring, the bitcoin ancient whale with high exchange position ETH has sold 7,000 BTC (about $759 million) in the past 46 hours and bought 171,791.84 ETH (about $773 million). He still holds 3,000 BTC (about $325 million) at the address starting with 169qY, and is likely to change positions to ETH.
In addition, the whale wallet also holds 46,816 BTC (about $5.07 billion): of which, based on previous activity, another 14,495 BTC (about $1.57 billion) may be swapped for ETH, but the remaining 32,321 BTC (about $3.50 billion) is unknown. Overall, it seems that he intends to swap all his positions. This is only speculation, not investment advice, and it is not clear what the whale's true intentions are.
As of now, in the last 11 days, he has sold 34,110 BTC (~ $3.70 billion) and bought 813,298.84 ETH (~ $3.66 billion).
Bitcoin Ancient Whale, a high-profile ETH swap, has sold 34,110 BTC and bought 813,298.84 ETH in the past 11 days
2025-08-31 13:02:11
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