Bitcoin OG whale continues a BTC-to-ETH rotation, selling 4,000 BTC and buying 96,859 spot Ether over a 12-hour period, bringing its ETH holdings to roughly $3.8 billion; onchain trackers show the whale now holds significant stakes in both assets as part of a broader diversification trend.
Key point 1 — 4,000 BTC sold for 96,859 spot ETH in one 12-hour spree
Key point 2 — The whale’s total Bitcoin holdings were previously calculated at ~100,784 BTC (≈ $11.4B).
Key point 3 — The whale now holds roughly $3.8B in Ether; Arkham and Lookonchain onchain data highlight broader whale ETH inflows.
Bitcoin OG whale buys Ether: BTC-to-ETH rotation with 96,859 ETH purchase; read the onchain breakdown and analyst context — full analysis and key takeaways.
What did the Bitcoin OG whale do over the weekend?
The Bitcoin OG whale sold 4,000 Bitcoin and purchased 96,859 spot Ether in a 12-hour buying spree, increasing its ETH holdings to about $3.8 billion. Onchain data from Lookonchain and Arkham show continued rotation from BTC to ETH among large addresses.
How much Bitcoin and Ether were involved in the rotation?
The whale sold 4,000 BTC (≈ $435 million) and acquired 96,859 spot ETH during the weekend splurge. Prior onchain tracking dated Aug. 25 estimated the address at ~100,784 BTC total (≈ $11.4 billion). An additional 1,000 BTC deposit to decentralized exchange Hyperliquid followed, suggesting potential further ETH activity.
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During a 12-hour buying spree over the weekend, the “Bitcoin OG” whale gobbled up 96,859 spot Ether after selling 4,000 Bitcoin.
The “Bitcoin OG,” which began rotating its $11.4 billion fortune to Ether in August, continued ETH purchases over the weekend and now holds roughly $3.8 billion of Ether, according to onchain trackers.
Lookonchain first flagged the move: the whale sold 4,000 Bitcoin (≈ $435 million) and swapped into 96,859 spot Ether during a 12-hour spree.
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Source: https://en.coinotag.com/bitcoin-og-sells-4000-btc-and-buys-96859-eth-could-signal-rotation-into-ether/