0x8dCe whale swaps 464 BTC ($27.56M) for 17,750 ETH as ETH price sits at $1545.83 amid bearish 4h structure.

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 @EmberCN, a whale or institution swapped 1,469 BTC into 43,647 ETH via THORChain over the past half month, implying roughly $131 million in notional with an average ETH execution price near $3,000, providing concrete size and pricing for traders to reference. source: @EmberCN on X, 2025-12-11 According to @EmberCN, the ETH acquired from BTC was consolidated about 11 hours ago into several wallets, including 0x192Bf73BD9a9EB4cE606800e56f5411a576832ec, giving specific on-chain destinations to monitor. source: @EmberCN on X, 2025-12-11

According to @OnchainLens, a tracked Bitcoin OG wallet is running a 5x ETH long with approximately $7.37M in unrealized profit as of Nov 10, 2025, source: @OnchainLens. @OnchainLens reports the same trader incurred about a $1.3M loss on a BTC long and has been selling BTC for ETH, source: @OnchainLens. The update indicates ETH outperformance versus BTC in this wallet’s leveraged trades over the observed period, highlighting a whale rotation signal, source: @OnchainLens.

According to @AltcoinGordon, an X post on Nov 9, 2025 claims Bitcoin whales have been selling BTC to buy $BULLISH, citing conversations with BlackRock executives (source: X/@AltcoinGordon). The post provides no on-chain evidence, transaction hashes, exchange flow data, or wallet attributions to substantiate the alleged rotation (source: X/@AltcoinGordon). Given the absence of corroboration in the provided post, traders should treat this as an unverified rumor and avoid reallocating from BTC until independent validation is available (source: X/@AltcoinGordon as the only cited source). Concrete confirmations to seek include large BTC transfers to exchanges coinciding with identifiable purchases via verified $BULLISH token contracts or pools, sustained volume and liquidity on $BULLISH trading pairs, and consistent order-book depth rather than one-off spikes (source: lack of such details in X/@AltcoinGordon). The inclusion of the unexplained string C2omVhcvt3DDY77S2KZzawFJQeETZofgZ4eNWWkXpump in the post offers no verifiable trading signal and should not be used as evidence without third-party confirmation (source: X/@AltcoinGordon).