To Fully Invest in Ethereum, a Whale Sells $90 Million Worth of Bitcoin

A whale sold 1,074.36 bitcoins (BTC) for $89.5 million in three days, then bought 36,159 Ethereum (ETH) for $90.6 million, according to Lookonchain on October 14, 2026. What does this transaction really hide? It is replacing its bitcoin with ether, step by step. According to Lookonchain, a whale sold 1,074.36 BTC ($89.5 million) and bought 36,159 ETH ($90.6 million) over three days, as of October 14, 2026. The operations are done in batches. On the night of October 11 to 12, Lookonchain reported 410.14 BTC sold on Hyperliquid ($34.16 million), then 14,341 ethereum bought on decentralized platforms ($36.14 million).

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