According to @ai_9684xtpa, an on-chain whale who rotated a four-year ETH position into WBTC executed three ETH/BTC ratio trades: on 01.03, 14145.93 WETH was swapped to 492.16 WBTC at an ETH/BTC rate of 0.03479; on 01.26, 578.66 WBTC was swapped back to 17706.74 WETH at 0.03268; on 01.27, 17706.74462 WETH was swapped to 587.92 WBTC at 0.0332. According to @ai_9684xtpa, the latest round netted 9.26 WBTC in profit (about 810,000 dollars), while the prior round increased the ETH stack by 6.45%, tied to wallet 0x4553e3Bc6327006A63C5aA4cdAC887f66b6A433E.

According to @ai_9684xtpa, an ETH whale who rotated from WETH to WBTC earlier this year has now swapped back, exchanging 578.66 WBTC for 17,706.74 WETH after initially trading 14,145.93 WETH for 492.16 WBTC, with ETH/BTC ratios of 0.03268 and 0.03479 respectively, citing Arkham Intelligence wallet 0x4553...A433E. According to @ai_9684xtpa, this two-way rotation increased the whale’s ETH holdings by 6.45% and re-tilted exposure toward ETH on the ETH/BTC pair, based on Arkham on-chain data. According to @ai_9684xtpa, the wallet currently holds 17,707 WETH and 195.49 WBTC with an estimated total value of 67.38 million dollars, per Arkham Intelligence. According to @ai_9684xtpa, prior context shows the Jan 3 WETH to WBTC swap had an average BTC fill near 89,796 dollars with a small unrealized profit at the time, and the ETH originated from 2022 acquisitions, citing Arkham Intelligence.

According to @EmberCN, after BTC fell to 86K, a whale who used looping loans to buy WBTC and ETH sold 400 WBTC at 86,694 USD for 34.67M USDT to repay debt, signaling continued stop-loss activity, source: @EmberCN. The same whale has realized 51.17M USD in losses from buying high and selling low, including an earlier purchase of 18,517 ETH around 4,415 USD per ETH, source: @EmberCN.

According to @ai_9684xtpa, smart-money wallet 0x3c9e...8f757 has accumulated 13,700 ETH worth approximately $43.91 million since Jan 1, 2026, based on on-chain tracking, source: X post by @ai_9684xtpa dated Jan 20, 2026; DeBank profile debank.com/profile/0x3c9ea5c4fec2a77e23dd82539f4414266fe8f757. Four hours before the post time, the address withdrew 1,000 ETH from Kraken and deposited the coins to Aave as collateral; this 1,000 ETH lot has a $3,205 average cost and was showing an unrealized loss of $216,000 at the time of the post, source: X post by @ai_9684xtpa dated Jan 20, 2026; DeBank profile debank.com/profile/0x3c9ea5c4fec2a77e23dd82539f4414266fe8f757. The same wallet previously closed a 618 WBTC position built since Oct 2023, realizing roughly $14.26 million profit by buying at a $39,899 average and selling at a $62,921 average for $38.89 million in total sales, source: X post by @ai_9684xtpa dated Jan 20, 2026; referenced thread x.com/ai_9684xtpa/status/1824665828840837344. Traders can track this address’s Aave collateral activity and on-chain flows via its DeBank page to monitor ETH liquidity signals, source: DeBank profile debank.com/profile/0x3c9ea5c4fec2a77e23dd82539f4414266fe8f757.

According to @EmberCN, after BTC broke above 97,000, a whale sold 300 WBTC at 97,053 into 29.11M USDT to repay debt, following prior looped-lending purchases totaling about 263M in WBTC and ETH, source: @EmberCN on X, Jan 15, 2026. The same address has realized losses of 39.15M from buying high and selling lower, source: @EmberCN on X, Jan 15, 2026. The whale’s earlier accumulation included 1,560 WBTC bought in Aug 2025 at 116,762 each (~182M), source: @EmberCN on X, Jan 15, 2026.

According to @EmberCN, a whale allocated $42.42 million across BTC exposure and gold and today transferred 264.8 WBTC to Binance after a BTC rally, source: @EmberCN on X, Jan 14, 2026. The position was bought in late October for $30 million at 113,262 dollars per BTC and is valued at 24.85 million dollars, implying a 5.15 million dollar loss versus cost basis, source: @EmberCN on X, Jan 14, 2026. After cutting BTC exposure, the address still holds 13.49 million dollars in gold, source: @EmberCN on X, Jan 14, 2026. Historically, exchange inflows by large holders have correlated with near-term sell-side liquidity and BTC price volatility that traders monitor for risk management, source: Glassnode Insights research. On-chain analytics frameworks flag sizable inflows to Binance as potential supply overhang for spot markets, source: CryptoQuant research.

According to @ai_9684xtpa, on-chain address 0x8C0824fFccBE9A3CDda4c3d409A0b7447320F364 accumulated 264.86 WBTC between Oct 22–26, 2025 at an average entry of $113,012.84 during the first rebound after BTC’s ATH pullback, then transferred all tokens to Binance roughly 4 hours ago with a referenced price of $93,823, implying a potential $5.082M loss if sold; source: @ai_9684xtpa on X, Jan 14, 2026; intel.arkm.com/explorer/address/0x8C0824fFccBE9A3CDda4c3d409A0b7447320F364. For trade execution monitoring, the full 264.86 WBTC deposit makes that supply available on Binance, so traders can track exchange inflows and fills to confirm whether the sale occurs; source: @ai_9684xtpa on X; intel.arkm.com/explorer/address/0x8C0824fFccBE9A3CDda4c3d409A0b7447320F364.

According to @EmberCN, an on-chain wallet accumulated 378 WBTC in late October using 41.91M USDT at an average entry of $110,660, confirmed by Arkham Intelligence address 0x6e1784b360F1bEcb692FCf8393A699811af90733 as the source. According to @EmberCN, after roughly 2.5 months of holding, the wallet transferred all 378 WBTC to Binance today at a reported exit price of $90,717, with the transfer visible on Arkham Intelligence as the source. According to @EmberCN, this translates to about $34.3M in proceeds versus $41.91M cost, implying an approximately $7.61M realized loss and a per-coin drop of roughly $20,000 at the time of transfer, with the transaction trail corroborated by Arkham Intelligence as the source. According to CryptoQuant and Kaiko research, large inflows to centralized exchanges have historically preceded increased sell pressure and higher intraday volatility in BTC pairs, suggesting traders monitor Binance spot and perp order books for follow-through as the source.

According to @ai_9684xtpa, wallet 0x6e1784b360F1bEcb692FCf8393A699811af90733 deposited 378.11 WBTC to Binance about 7 hours ago valued at roughly 34.3 million dollars, signaling a likely position exit, source: @ai_9684xtpa and Arkham intel.arkm.com/explorer/address/0x6e1784b360F1bEcb692FCf8393A699811af90733. The wallet acquired the position during Oct 21 to Oct 26, 2025 at an average purchase price of 110,504 dollars per WBTC and has held for about three months, source: @ai_9684xtpa and Arkham intel.arkm.com/explorer/address/0x6e1784b360F1bEcb692FCf8393A699811af90733. If the deposit is sold at the stated valuation, the realized loss would be approximately 7.483 million dollars on 378.11 WBTC, source: @ai_9684xtpa. Traders should watch WBTC and BTC pairs on Binance for potential sell-side liquidity if execution occurs and monitor order books, funding, and basis for dislocations, source: event and address data from @ai_9684xtpa and Arkham intel.arkm.com/explorer/address/0x6e1784b360F1bEcb692FCf8393A699811af90733.

According to @EmberCN, World Liberty Financial executed an on-chain swap of 162.7 WBTC (about $15.10 million) to 4,611.6 ETH roughly 30 minutes before the post time on Jan 7, 2026 (source: @EmberCN). The trade implies an ETH/BTC rate near 0.0352 and is referenced via DeBank profile 0x5be9a4959308a0d0c7bc0870e319314d8d957dbb for on-chain verification (source: DeBank via @EmberCN). The post characterizes World Liberty Financial as backed by the Trump family, with no additional execution details or follow-on transactions provided in the cited thread (source: @EmberCN).

According to @ai_9684xtpa, a WLFI Strategic Reserve–labeled wallet at 0x5be9a4959308a0d0c7bc0870e319314d8d957dbb withdrew 162.69 WBTC (approximately $15.07 million) from Aave. source: @ai_9684xtpa on X; Debank profile debank.com/profile/0x5be9a4959308a0d0c7bc0870e319314d8d957dbb/history The same address then used CowSwap to sell 27.1 WBTC for 770.6 WETH, valued near $2.5 million. source: @ai_9684xtpa on X; Debank profile debank.com/profile/0x5be9a4959308a0d0c7bc0870e319314d8d957dbb/history Based on those reported figures, roughly 135.59 WBTC from the withdrawal remains unswapped at the address, which traders can verify via the wallet’s history. source: @ai_9684xtpa on X; Debank profile debank.com/profile/0x5be9a4959308a0d0c7bc0870e319314d8d957dbb/history This on-chain BTC-to-ETH rotation and DEX execution are relevant for monitoring cross-asset flows between BTC and ETH liquidity across Aave and CowSwap. source: @ai_9684xtpa on X; Debank profile debank.com/profile/0x5be9a4959308a0d0c7bc0870e319314d8d957dbb/history

According to Lookonchain, the UXLINK exploiter sold 248 WBTC for about $23.08 million at an average price of $93,023 roughly two hours before the post, based on on-chain data linked via Arkham Intelligence. According to Lookonchain, the same wallet accumulated 375 WBTC about one month earlier at an average cost of $90,203 totaling $33.83 million, establishing the cost basis. According to Lookonchain, the round-trip resulted in approximately $1.06 million in profit, with the activity characterized as buying low and selling high, and the address attribution referenced through Arkham Intelligence.

According to @PeckShieldAlert, a UXLink exploiter-labeled address swapped 248 WBTC for 23 million DAI within the last hour. According to @PeckShieldAlert, this activity follows the Sept. 22 incident in which the attacker minted billions of unauthorized tokens and drained tens of millions in crypto assets. According to @PeckShieldAlert, the conversion highlights ongoing post-hack fund movement tied to UXLink-labeled addresses.

According to @OnchainLens, a whale address sold 52.1 WBTC (about USD 4.86M), deposited USD 3.36M USDC into Lighter, and bought 1,119,001 LIT at 3 USD per token; the activity is referenced with the Lighter account explorer. Source: Onchain Lens on X https://twitter.com/OnchainLens/status/2008212416006680740 and Lighter Explorer https://app.lighter.xyz/explorer/accounts/0x793918C6f668E5C4283a0FD64d57046588a10b5a. The LIT purchase size implies roughly USD 3.357M notional (1,119,001 x 3 USD), aligning with the USD 3.36M USDC deposit, indicating the USDC funded the LIT buys on Lighter. Source: Onchain Lens on X https://twitter.com/OnchainLens/status/2008212416006680740 and Lighter Explorer https://app.lighter.xyz/explorer/accounts/0x793918C6f668E5C4283a0FD64d57046588a10b5a. For traders tracking whale flows and order flow, the rotation from WBTC into LIT via Lighter, along with the exact sizes and execution price, provides actionable context on liquidity and flow concentration. Source: Onchain Lens on X https://twitter.com/OnchainLens/status/2008212416006680740 and Lighter Explorer https://app.lighter.xyz/explorer/accounts/0x793918C6f668E5C4283a0FD64d57046588a10b5a.

According to @EmberCN, a tracked wallet bought 264.8 WBTC for $30 million at $113,262 in late October and now shows a $5.7 million unrealized loss on that position; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, from early October to now the same address accumulated 2,371.4 XAUt and 559.7 PAXG totaling $12.42 million at an average price of $4,239 and currently shows about $410,000 in unrealized gains; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, on Jan 5, 2026 the whale added approximately $8.5 million in XAUt, indicating continued exposure to tokenized gold; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364. According to @EmberCN, this wallet previously bought 97.6 WBTC at $110,039 in late September and sold at $118,748 in early October, realizing around $850,000 profit on that swing; source: X post by @EmberCN https://twitter.com/EmberCN/status/2007974580762427608; DeBank wallet https://debank.com/profile/0x8c0824ffccbe9a3cdda4c3d409a0b7447320f364.

According to @OnchainLens citing Nansen data, over the past two days address 0x4553e3bc6327006a63c5aa4cdac887f66b6a433e swapped 22,345 ETH (valued at $69.97M) for 774.16 WBTC at a 0.0346 ETH/BTC rate. According to @OnchainLens citing Nansen data, the flows imply an average execution of roughly $3,132 per ETH and about $90,350 per BTC. According to @OnchainLens citing Nansen data, the 0.0346 ETH/BTC level reflects the whale’s average execution anchor across the two-day activity. According to @OnchainLens citing Nansen data, the transactions indicate a shift in on-chain exposure from ETH to BTC via WBTC.

According to @EmberCN, 22,344 ETH valued at about 70.06 million dollars was swapped into 774.1 WBTC at an average BTC price of 90,505 dollars. Source: @EmberCN on X https://twitter.com/EmberCN/status/2007784662983471112 These figures imply an execution ETH/BTC rate of approximately 0.03465 and an implied ETH price near 3,136 dollars at the time of the swap. Source: @EmberCN on X https://twitter.com/EmberCN/status/2007784662983471112

According to @EmberCN, an ETH whale who began rotating to BTC yesterday swapped another 7,828 ETH, about $24.6M, for 269 WBTC about one hour ago, source: @EmberCN on X, DeBank address debank.com/profile/0x4553e3bc6327006a63c5aa4cdac887f66b6a433e, X post dated Jan 4, 2026 https://x.com/EmberCN/status/2007777853564403911. In total the address has exchanged 21,973 ETH, about $68.9M, into 761.4 WBTC at an average WBTC cost basis of $90,491, leaving only 370 ETH, about $1.16M, remaining, source: @EmberCN on X and DeBank. Yesterday's tranche included selling 14,145 ETH, about $44.3M, for 492 WBTC at a 0.03478 rate with an average WBTC cost of $90,014, source: @EmberCN on X https://x.com/EmberCN/status/2007259884774142068 and DeBank. The wallet originally accumulated 22,344 ETH from centralized exchanges around early 2022 at an average entry of $2,916, per on-chain history shared by @EmberCN, source: @EmberCN on X and DeBank. For traders, the whale's realized WBTC cost basis near $90k is a transparent reference for tracking flow-driven levels on BTC spot and perps that mirror WBTC pricing, source: @EmberCN on X and DeBank.

According to Lookonchain, Ethereum OG address 0x4553 exchanged 7,828 ETH worth about $24.6M for 269 WBTC in the last 2 hours. Source: x.com/lookonchain/status/2007773071827153154. According to Lookonchain, over the prior 7 hours the same wallet swapped a cumulative 14,146 ETH worth about $44.3M for 492 WBTC at an ETH-to-BTC ratio of 0.03479. Source: x.com/lookonchain/status/2007299299517051382. According to Lookonchain, the address accumulated 21,000 ETH between 2019 and 2023 at an average purchase price of $2,922 totaling about $61.4M, and is converting ETH holdings into BTC. Source: x.com/lookonchain/status/2007299299517051382. According to Arkham Intelligence, the wallet is labeled as 0x4553e3Bc6327006A63C5aA4cdAC887f66b6A433E with transactions visible on the explorer. Source: intel.arkm.com/explorer/address/0x4553e3Bc6327006A63C5aA4cdAC887f66b6A433E.

According to @ai_9684xtpa, in the past 5 minutes the whale swapped 4,013 ETH for 138.04 WBTC worth 12.59 million dollars at a WBTC cost basis of 91,117.55 dollars, indicating sizable immediate ETH to BTC rotation via WBTC, source: https://x.com/ai_9684xtpa/status/2007747728458326168. Since yesterday, the whale has cumulatively sold 18,159.4 WETH and built 631.78 WBTC with a total stated value of 56.8 million dollars, source: https://x.com/ai_9684xtpa/status/2007747728458326168. The activity is tied to wallet address 0x4553e3Bc6327006A63C5aA4cdAC887f66b6A433E, source: https://intel.arkm.com/explorer/address/0x4553e3Bc6327006A63C5aA4cdAC887f66b6A433E. Over the past 7 hours, the address swapped 14,145.93 WETH into 492.16 WBTC worth 44.195 million dollars at an average WBTC cost of 89,796.47 dollars, with a current unrealized profit reported at 213,000 dollars, source: https://x.com/ai_9684xtpa/status/2007294388347748701. The ETH originated from three addresses that accumulated in early 2022 at an approximate average entry of 2,916 dollars and the swap was executed when ETH price was 3,125.68 dollars, sources: https://x.com/ai_9684xtpa/status/2007294388347748701, https://intel.arkm.com/explorer/address/0xa6482d46E8e5b68234D01252Db1b99719dBeF1CF, https://intel.arkm.com/explorer/address/0x8Fde6619B8A24ba32C35790eb1Df1F4fda9C6347, https://intel.arkm.com/explorer/address/0x75725FdCa88083bD994Ad8ea2fBcc312e8F2c1Bc.