Bitcoin whale swap moved 670 BTC (≈$75M) from a 14,837 BTC holding to open four leveraged long positions on Ethereum, three at 10x leverage; the move signals strategic asset rotation into ETH and suggests bullish sentiment while also highlighting potential short-term volatility.
670 BTC transferred to open leveraged long positions on Ethereum (≈$75M)
Three of four positions use 10x leverage with a notional position size reported at $209 million.
Whale held 14,837 BTC (~$1.67B) dormant for 7+ years; recent moves indicate increased activity from Satoshi-era wallets.
Bitcoin whale swap: dormant holder moved 670 BTC to open leveraged long Ethereum positions—read expert analysis and key takeaways now.
What did the Bitcoin whale swap and why does it matter?
Bitcoin whale swap describes a dormant holder moving 670 BTC from a 14,837 BTC stash to open leveraged long positions on Ethereum. The transaction signals an asset rotation from BTC to ETH and may increase short-term volatility while reflecting bullish sentiment on Ethereum.
How did the whale open leveraged positions on Ethereum?
The whale split ~670 BTC (~$75 million at time of transfer) across four wallets and used the proceeds to open long positions on Ethereum via a decentralized exchange. Three of the four positions carried 10x leverage, and the combined notional exposure was reported at $209 million.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
Slava Demchuk, CEO of blockchain analysis firm AMLBot, said (as reported to COINOTAG) the move likely represents a “strategic rotation into alternative assets due to expectations of growth.” Experts view selling a portion of long-held BTC to open leveraged ETH longs as a targeted reallocation rather than a wholesale exit from Bitcoin.
No. The whale moved roughly 670 BTC from a total holding of 14,837 BTC. This represents a partial rotation, not a full divestment of holdings.
Not necessarily. The whale’s leveraged longs indicate bullish sentiment but do not guarantee price direction. Market moves can be influenced by macro events such as the Federal Reserve commentary and liquidity changes.
Yes. Analysts note several recent activations from long-dormant wallets, including large transfers in July and early August, indicating a trend of increased on-chain activity from historically inactive addresses.
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();
Source: https://en.coinotag.com/bitcoin-whale-may-be-rotating-into-ethereum-with-75m-in-10x-leveraged-longs-experts-suggest/