Latest Update
2026-10-11 17:49 UTC

Lookonchain: Whale Swaps $34M BTC for $36M ETH

Lookonchain: Whale Swaps $34M BTC for $36M ETH

Lookonchain reported a mysterious whale sold 410.14 BTC worth $34.16M on Hyperliquid before purchasing 14,341 ETH for $36.14M across DEXs.

Source

Analysis

Lookonchain flagged a whale dumping 410.14 BTC ($34.16M) on Hyperliquid and immediately acquiring 14,341 ETH ($36.14M) on DEX venues.

ETH trades at $2545.92 while testing upper Bollinger Band resistance at $2545.2 with RSI(14) at 53.68 still neutral; the MACD golden cross at -11.88 hints at momentum building yet the EMA50 at $2569.45 and EMA200 at $2581.96 sit directly overhead as firm resistance in the prevailing bearish structure.


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