Whale large-scale repositioning: Over $44 million worth of WETH transferred to WBTC, unrealized profit exceeds $210,000

2026-01-03 04:00:09

【Crypto World】A major whale player has recently taken new action. This large whale converted all of its WETH worth $44,195,000 into WBTC, with unrealized gains now reaching $213,000. According to on-chain data, the timing of this ETH purchase was quite early—building positions since early 2022, with an average cost of around $2,916. Based on the market conditions at that time, this position was indeed held deeply, and now switching to BTC might also be a market outlook adjustment.

WBTC-1,93%

ETH-0,68%

BTC-1,95%

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NotFinancialAdvice

· 01-06 03:57

A seasoned trader who built a position with $2916, now betting on BTC? The market trend has shifted.

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BtcDailyResearcher

· 01-05 08:50

What is this whale's move hinting at... Switching to BTC, there is definitely some strategy behind it.

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SignatureAnxiety

· 01-03 04:30

Whales moved from ETH to BTC in full positions. Did they sense something with this move?

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TheShibaWhisperer

· 01-03 04:28

What is this whale's move hinting at? Transferring all ETH to BTC—could it be bearish on Ethereum?

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ForkTongue

· 01-03 04:28

Big Whale is optimistic about Bitcoin. Is this a bet or just a simple switch to another coin? The cost in 2022 was indeed a good deal.

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CoconutWaterBoy

· 01-03 04:21

Is this whale's move to rebalance truly brilliant? What does the ETH to BTC transfer imply?

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FrogInTheWell

· 01-03 04:15

This whale's move is really brilliant. The cost was $2916, and now it's gained... Switching to BTC shows they've seen through it. It's about to take off.

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FlippedSignal

· 01-03 04:00

Whales are fully swapping ETH for WBTC? It seems the big players are quietly rebalancing their portfolios.

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