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Key Takeaways
A Bitcoin (
$81,180.00 ) whale sold 4,000 BTC and accumulated 96,859 ETH, boosting its total ETH stash to over 837,000 units.
Ethereum (
$2,607.21 ) has outperformed Bitcoin (
$81,180.00 ) in the past month, with a nearly 24% price gain despite market volatility.
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A Bitcoin (
$81,180.00 ) whale that recently made headlines for rotating its BTC stash into Ethereum (
$2,607.21 ) has now accumulated 837,429 ETH worth roughly $3.7 billion, according to on-chain data from Lookonchain.
This Bitcoin (
$81,180.00 ) OG has sold 4,000 $BTC($435M) and bought 96,859 $ETH ($433M) spot over the past 12 hours.
In total, he has bought 837,429 $ETH($3.85B).https://t.co/RAEzClsCvr pic.twitter.com/ZUSDL1cIRm
— Lookonchain (@lookonchain) August 31, 2025
On Sunday, the whale, associated with wallets containing $11 billion in Bitcoin (
$81,180.00 ) that had been dormant for seven years, sold 4,000 BTC for $435 million and acquired 96,859 ETH. The investor’s latest move extends a series of rotations from Bitcoin (
$81,180.00 ) into Ethereum (
$2,607.21 ) that began after the dormant wallets were reactivated.
The transaction came amid heightened market volatility. Bitcoin (
$81,180.00 ) slid to $107,700 on Sunday evening before recovering slightly above $108,000, putting the asset on track for a 5% loss in August, according to CoinGecko data.
Ether, while not immune to crypto market pressures, has outpaced Bitcoin (
$81,180.00 ) this month. The second-largest crypto is trading near $4,424 at press time, up nearly 24% over the past 30 days.
Lookonchain also flagged activity from another whale, Longling Capital, known for buying low and selling high. The entity resumed its Ethereum (
$2,607.21 ) accumulation on Saturday, purchasing 7,000 ETH for about $30.6 million.
Longling Capital, known for buying low and selling high, just bought 7,000 $ETH($30.67M) 3 hours ago.https://t.co/gzUlc23QKo pic.twitter.com/bomgQ0JX8O
— Lookonchain (@lookonchain) August 31, 2025
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