A prominent Bitcoin investor has reallocated a substantial portion of their holdings into Ethereum, selling 2,000 BTC worth $221 million and acquiring 49,850 ETH for $219 million within the last 12 hours. This move is part of a broader trend, with the investor amassing 691,358 ETH, valued at approximately $3 billion, over the past two weeks. Additionally, the investor closed a leveraged long position of 96,452 ETH, realizing a $2.6 million profit before reinvesting in Ethereum. This strategic shift underscores a growing preference for Ethereum as the investor reallocates billions from Bitcoin. Bitcoin's price has decreased by 5.96% over the past week, currently standing at $108,541.96, with a market capitalization of $2.16 trillion.