2026-01-07 06:20:19

On-chain whales are at it again. In just 15 minutes, this whale address sold 40.65 WBTC and bought 1,155.52 WETH, with a total transaction volume of $3.75 million.

Updated data shows a single transaction swapping 13.55 WBTC for WETH. At this rate, the whale's $15.07 million WBTC position is basically about to be cleared.

What market signals are reflected behind the significant shift from WBTC to WETH? Such large on-chain transactions are usually worth paying attention to—after all, whale position adjustments often lead the market by a step.

WBTC0.38%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
6
Repost
Share

Comment

Add a comment

SmartContractDiver

· 01-10 06:20

Whales are dumping again, so interesting... BTC keeps getting hammered, and they switch to bet everything on WETH. They must really look down on Bitcoin.

Such moves by big funds are usually premeditated. Should we retail investors follow or not?

As expected from whales, casually throwing around $3.75 million... Having money really makes a difference.

View OriginalReply0

TideReceder