Massive $ETH Bet from $BTC Profits? This Whale Thinks So

Just six hours ago, whale 0x454CF3892A949c94569aB2663090ecdcA811A6f0 made a bold bet—opening a position of 4,626 ETH worth $11.38 million at an average price of $2,459.

What’s even more interesting? A significant portion of that ETH—66.85 WBTC (worth $6.84M)—was swapped directly on-chain at $102,319 per BTC. That segment alone is already sitting on a floating profit of $23K.

Is this a tactical rotation from #BTC to #ETH ? Time will tell, but this whale is clearly positioning for a continued ETH breakout.