Bitcoin Whale Converts $460M BTC to Ethereum, Amassing $806M ETH Holdings

A prominent Bitcoin holder has converted 4,000 BTC, valued at $460 million, into Ethereum. This move increases his Ethereum holdings to 179,448 ETH, worth approximately $806 million, acquired at an average price of $4,490 per ETH. The investor continues to maintain a long position of 135,265 ETH, valued at $581 million, signaling a significant shift in strategy towards Ethereum.

BTC -2.60%

ETH -2.12%

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