A massive ETH whale that had been dormant for 4 years has taken new action today. This major holder, who has been accumulating on platforms like Kraken, Bitfinex, and Poloniex since early 2022, previously amassed over 22,000 ETH (worth approximately $65.15 million at the time). Now, he has decided to change his strategy—recently converting all 14,145 ETH (worth about $44.3 million) into WBTC, with a swap scale of 492 WBTC, an average transaction price of $90,014 per WBTC, and an exchange rate of 0.03478. What market insights are reflected behind this shift from Ethereum to Bitcoin? The reallocation choices of long-term holders often reveal important signals about the market outlook. The reconfiguration of ETH assets after four years indicates that major players are quietly adjusting their crypto asset allocation strategies.