According to @lookonchain, a whale sold 99,979 SOL for $18.5M at $185 about a week ago, bridged the proceeds to Ethereum, and then bought 4,532 ETH for $18.5M at $4,084, based on on-chain data shared on X (source: @lookonchain). @lookonchain cited Arkham Intelligence explorer pages for addresses 0x944c5476Cdd534D2D56bcf41F101CED9217B4Afe and 0x489DEFEF6d8EA607a52249E0a345476f54090F74, which display the related transfers and swaps on intel.arkm.com, supporting the reported rotation (source: @lookonchain and Arkham Intelligence).

According to @ai_9684xtpa, citing a thread by on-chain analyst @eyeonchains on X dated Oct 12, 2025, a single whale allegedly rotated over 35,000 BTC into ETH since August and opened more than $1.1 billion in BTC and ETH short positions ahead of the Oct 11 flash crash, realizing over $80 million in 24-hour profit (source: @ai_9684xtpa on X, Oct 12, 2025; source: @eyeonchains on X, Oct 12, 2025). The attribution is based on on-chain breadcrumbs that the source says connect 570,000 ETH deposited into the Ethereum beacon chain deposit contract to funding linked with the ENS name ereignis.eth, with related addresses interacting two weeks prior to the crash; the ENS owner also controls garrettjin.eth, which the source ties to the X account @GarrettBullish, and notes the account is followed by the Hyperunit founder (source: @ai_9684xtpa on X, Oct 12, 2025; source: @eyeonchains on X, Oct 12, 2025). The source further claims the entity still holds 46,295 BTC valued at about $5.19 billion at recent prices, while emphasizing the identity linkage stems from the analyst’s attribution rather than independent third-party verification (source: @ai_9684xtpa on X, Oct 12, 2025; source: @eyeonchains on X, Oct 12, 2025). For traders, the reported timing of large BTC and ETH derivatives positioning and the BTC-to-ETH rotation provides context for monitoring whale flow, ETH staking deposits, and pre-volatility short buildup around major market moves (source: @ai_9684xtpa on X, Oct 12, 2025; source: @eyeonchains on X, Oct 12, 2025).

According to @ai_9684xtpa, analyst @eyeonchains alleges the BTC-to-ETH rotation whale and the 10/11 flash-crash short seller are linked to Garrett Bullish (@GarrettBullish) via ENS ties between ereignis.eth and garrettjin.eth and interactions with addresses that deposited roughly 570,000 ETH to the Ethereum Beacon Deposit Contract, as shown in the analyst’s on-chain link analysis (source: @ai_9684xtpa on X citing @eyeonchains on X). The analyst’s thread states the whale publicly swapped over 35,000 BTC into ETH since August and opened more than $1.1B in BTC and ETH short positions ahead of the 10/11 move, netting over $80M in 24 hours (source: @ai_9684xtpa on X citing @eyeonchains on X). The post also cites remaining holdings of 46,295 BTC valued above $5.19B at the referenced time and lists prior roles at HTX and BitForex, noting BitForex halted operations after a ~$57M hot-wallet key leak in 2024 (source: @ai_9684xtpa on X citing @eyeonchains on X).

According to @OnchainLens, on-chain trader Cooker (@CookerFlips) sold 2,000,000 ASTER for $2.68M USDC at a price of $1.34, with the transactions visible at wallet 0xb76a… on Hypurrscan. Source: Onchain Lens on X https://twitter.com/OnchainLens/status/1976963357313057226; Hypurrscan https://hypurrscan.io/address/0xb76aa9f50ad74e91da3f3bd4dfd084ce0d3144f6 The USDC proceeds were deposited to HyperLiquid and used to buy 66,485 HYPE at $40.32, after which the HYPE was sent for staking with Kinetiq from the same address. Source: Onchain Lens on X https://twitter.com/OnchainLens/status/1976963357313057226; Hypurrscan https://hypurrscan.io/address/0xb76aa9f50ad74e91da3f3bd4dfd084ce0d3144f6 This sequence documents a rotation from ASTER into HYPE with a staking follow-through by the same wallet, offering a concrete flow for traders to monitor via the address above. Source: Onchain Lens on X https://twitter.com/OnchainLens/status/1976963357313057226; Hypurrscan https://hypurrscan.io/address/0xb76aa9f50ad74e91da3f3bd4dfd084ce0d3144f6

According to @lookonchain, a Bitcoin OG wallet sold another 2,000 BTC for $215M and bought 48,942 ETH spot for $215M over the past 4 hours on September 1, 2025, per @lookonchain. The reported notional sizes imply a USD-neutral rotation from BTC to ETH with approximate average executions of $107,500 per BTC and $4,392 per ETH based on the figures provided, per @lookonchain. In total, the wallet has accumulated 886,371 ETH valued at $4.07B, per @lookonchain.

According to @cookiedotfun, ETH sentiment rose by +17K while BTC sentiment fell by –8K, signaling a notable divergence in trader mood, source: @cookiedotfun on X, August 25, 2025. The source states ETH printed a new all-time high and surpassed Mastercard by market capitalization, source: @cookiedotfun on X, August 25, 2025. The source also reports a whale sold billions in BTC and rotated to ETH, indicating flow-driven support for ETH over BTC, source: @cookiedotfun on X, August 25, 2025. For trading, based on the cited sentiment and flow data, monitoring ETH BTC relative strength and liquidity is warranted as rotation dynamics are highlighted by the source, source: @cookiedotfun on X, August 25, 2025.

According to Lookonchain, a Bitcoin OG deposited another 300 BTC worth $34.86M to Hyperliquid an hour ago to sell for ETH, signaling continued BTC-to-ETH rotation by this wallet; Source: Lookonchain. The trader holds a 135,265 ETH long with a $4,295 average entry valued at $581M, showing $58M in unrealized gains; Source: Lookonchain. They also bought 122,226 ETH spot at a $4,377 average totaling $535M, up $42M; Source: Lookonchain. Combined ETH exposure stands at 257,491 ETH (~$1.116B) with unrealized profits exceeding $100M, highlighting sizable leverage and spot positioning that could influence ETH market liquidity on Hyperliquid; Source: Lookonchain.

According to @ai_9684xtpa, a seven-year dormant BTC whale has rotated into ETH via Hyperliquid, swapping part of holdings for 71,108 ETH valued at $304 million, source: @ai_9684xtpa on X, Aug 22, 2025. According to @ai_9684xtpa, the same entity opened $578 million of ETH longs across five addresses, totaling 135,265 ETH with an unrealized loss of $2.13 million, source: @ai_9684xtpa on X, Aug 22, 2025. Based on the same figures, the implied average long entry is about $4,274 per ETH and the spot swap implies roughly $4,275 per ETH, offering traders concrete reference levels, source: calculation derived from @ai_9684xtpa on X, Aug 22, 2025. According to @ai_9684xtpa, converting 85,859 BTC could buy enough ETH to top the on-chain holder leaderboard and surpass BMNR, source: @ai_9684xtpa on X, Aug 22, 2025.

According to @EmberCN, a whale/institution that held 10,606 BTC for 7 years with $1.12B in profits has begun rotating from BTC to ETH, selling 3,100 BTC worth $348M so far, source: @EmberCN, X, Aug 22, 2025. According to @EmberCN, the entity bought 50,522 ETH spot worth $213M and opened a 135,000 ETH long using $120M margin for $571M notional, implying roughly 5x leverage, source: @EmberCN, X, Aug 22, 2025. According to @EmberCN, based on these figures the wallet now holds approximately $784M gross long ETH exposure (spot plus derivatives) against $348M BTC net selling to date, indicating an ETH-over-BTC positioning tilt by this participant, source: @EmberCN, X, Aug 22, 2025.

According to @ai_9684xtpa, a whale who built a $20.08 million ETH position at a $3,958 average on 07.28 has rotated the stack into WBTC (source: @ai_9684xtpa on X). According to @ai_9684xtpa, during yesterday’s drop the wallet sold 1,200 ETH at $4,147.86 for roughly $4.97 million, realizing a profit of about $228,000 on that tranche (source: @ai_9684xtpa on X). According to @ai_9684xtpa, the remaining 3,900 ETH were swapped two hours before the post into 143.26 WBTC, with the ETH sell price at $4,169 and the WBTC buy price at $113,493, implying roughly $16.26 million notional (source: @ai_9684xtpa on X). According to @ai_9684xtpa, this flow totals 5,100 ETH unwound from ETH into BTC exposure via WBTC, with an approximate gross notional of $21.24 million based on the reported sale prices, and the wallet address is provided in the source for on-chain verification (source: @ai_9684xtpa on X). According to @ai_9684xtpa, these on-chain moves reflect direct ETH-to-BTC rotation in spot terms, a data point that traders tracking ETH/BTC flow and liquidity can monitor in real time (source: @ai_9684xtpa on X).