An interesting phenomenon: a large wallet just withdrew 162.69 WBTC from Aave 10 minutes ago, worth approximately $15.07 million. Even more interesting, it immediately used Cowswap to sell 27.1 WBTC and exchange it for 770.6 WETH, a transaction scale of $2.5 million. Based on the data, this doesn't seem like a simple rebalancing—there appears to be more actions brewing. Does this BTC to ETH conversion hint at market participants' optimism about Ethereum's recent performance? Or is it purely a risk hedging strategy? It's worth continuing to observe this wallet's subsequent movements.
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MetaverseLandlord
· 13h ago
Wow, such a move, $15.07 million just like that. I, a small retail investor, can only dream about it.
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SmartContractRebel
· 01-08 06:20
Sharpening the blade, what is the big player hinting at?
Is ETH showing some action recently? Or are they trying to cut the leeks again?
Waiting to see the follow-up, feels like something big is coming
Something's off, this move is too rushed
BTC to ETH? Looks like they’re not optimistic about Bitcoin
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GasWaster
· 01-07 06:46
Here we go again, this kind of on-chain detective story... a big whale spent 2.7 million to buy ETH? Well, ETH is about to be hyped up again.
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NewDAOdreamer
· 01-07 06:44
The big whale is causing trouble again, this rhythm... it's quite intriguing.
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27 WBTC for 770 ETH? This ratio... is it a bet that Ethereum is about to take off?
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Something's off. This guy must know some inside information, otherwise why rush to withdraw from lending?
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A typical whale move, adjusting positions first and then waiting for the wind, there will definitely be follow-up later.
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Emm, dumping BTC for ETH, is it a sign of bearishness on Bitcoin or a strong confidence in Layer 2? Need to keep an eye on it.
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A scale of 15.07 million just casually operated? Luckily it's a top wallet; retail investors would have been liquidated already.
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A bit of anticipation. Wallets of this level usually have a story behind their moves.
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Such a big bet... if it's a reverse operation, it would be awkward, haha.
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MevHunter
· 01-07 06:41
The Werewolf Game is back, and big players are starting to change chips. This pace is quite interesting.
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DataBartender
· 01-07 06:37
Big whale causing trouble again, withdrawing 162 WBTC in one go, then immediately swapping out 27 for ETH. The pace... feels like they're strategizing.
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GasFeeCrier
· 01-07 06:34
The big players are at it again, dumping BTC into ETH... Are they trying to bottom out or do they have other plans?
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0xSleepDeprived
· 01-07 06:24
Damn, 15 million USD just like that—this pace is a bit fierce. Clearly, someone is holding back a big move.
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SchroedingersFrontrun
· 01-07 06:21
Big whale's move, I can't tell if it's bottoming out ETH or the last struggle before fleeing...
An interesting phenomenon: a large wallet just withdrew 162.69 WBTC from Aave 10 minutes ago, worth approximately $15.07 million. Even more interesting, it immediately used Cowswap to sell 27.1 WBTC and exchange it for 770.6 WETH, a transaction scale of $2.5 million. Based on the data, this doesn't seem like a simple rebalancing—there appears to be more actions brewing. Does this BTC to ETH conversion hint at market participants' optimism about Ethereum's recent performance? Or is it purely a risk hedging strategy? It's worth continuing to observe this wallet's subsequent movements.