Dear ones, a big melon has arrived! The crypto circle has not been peaceful these days; a 'prehistoric whale' that has been silent for 7 years suddenly woke up and made a shocking move! We need to discuss this thoroughly!

Whales are here, and the commotion is huge!

According to on-chain expert @lookonchain's monitoring, a super big shot's address has suddenly become active recently. How impressive is this big shot? He/She/It (we don’t know who) received a total of 100,784 Bitcoins seven years ago! At that time it was worth $642 million; now? Oh my, that’s a whopping $11.4 billion! Definitely a 'Bitcoin vault'! (Note: $11.4 billion is estimated based on their current holding of about 100,000 BTC.)

Crazy operation: Sell BTC, Buy ETH!

Here comes the key point! In just the past five days, this big shot did two major things:

1. Crazy selling signal for Bitcoin: He deposited 22,769 BTC into the exchange Hyperliquid! This is not a small number; calculated at the current price, it’s worth billions! Although he may not sell all of it immediately, this action indicates that he is likely reducing his Bitcoin holdings.

2. Eating Ethereum like crazy: Where did the money from selling Bitcoin go? They turned around and smashed it into Ethereum (ETH)! Not only did they buy 472,900 ETH in bulk, but they also opened long contracts for 135,200 ETH on the exchange (correction: the image clearly shows 135,200)! The meaning is very clear: they are optimistic about ETH's future rise!

Market Fryer: What’s the Impact?

Once this operation came out, the market immediately erupted! Why?

Is Bitcoin under short-term pressure? Such a large deposit of BTC into exchanges for sale (or partially sold) might put some pressure on Bitcoin's price in the short term, as supply expectations have increased. Everyone needs to keep an eye on subsequent actions and market absorption.

Does Ethereum receive a boost? The whale is gobbling up ETH and opening long contracts; this is a real bullish signal! With the big shot placing such a 'bet', market confidence will definitely be boosted. Plus, the recent upgrades in the Ethereum ecosystem are quite lively, and ETH's price might get a rhythm boost!

Is the wind about to change? For a whale of this size, every move is significant. Their large-scale shift from BTC to ETH—are they sensing a change in direction? Do they think Ethereum has more potential going forward? This will definitely make many institutions and retail investors rethink their allocations.

What does Fuqi think?

This matter is indeed explosive! It shows that the big shots are also adjusting their strategies based on market changes. Although the whale's actions cannot represent the market direction 100%, they are definitely a super important signal light!

For small investors like us: Don't panic! What the big shot does is their business; we need to make our own judgments. But this news is indeed worth close attention! We need to see what happens next:

Will the whale continue to sell BTC and buy ETH?

Will other large funds in the market follow suit?

Can the Ethereum ecosystem handle this wave of 'whale traffic'?

Focus on ETH: No matter what, the whales are investing real money, and ETH's upcoming trend will definitely be the focal point! The technical, news, and capital aspects all need to be closely monitored.

Fuqi's summary:

The crypto circle is never short of drama! This 'prehistoric whale's' hundred billion fund movement is definitely the most noteworthy 'series' recently. It has dropped a bomb on the market, and the seesaw of Bitcoin and Ethereum might move again. Especially Ethereum, having gained such strong 'endorsement' from a big shot, the subsequent market conditions are worth looking forward to!

Dear ones, grab your little stools, get your sunflower seeds ready, we need to keep munching on this melon! The market changes rapidly, and remember to stay updated with Fuqi, bringing you the latest dynamics! #比特币巨鲸换仓以太坊