Recent whale movements include multi-million-dollar BTC-to-ETH conversions, large-scale trades, and renewed DeFi activity, signaling strategic shifts in high-value crypto portfolios.
Lookonchain data shows whale addresses executing rapid, high-value crypto trades. Whale 0xeA00 converted 120 BTC worth $10.68M into 3,623 ETH, later buying 2,000 ETH for $5.97M. Whale 0x3c9E sold 5,500 ETH for $16.02M shortly after buying 2,000 ETH at the same price. On January 26, another whale deposited 2,000 ETH worth $5.76M into Aave V3 after two years of inactivity, borrowed 2M USDC, and purchased 686 ETH. This whale now holds 10,759 ETH valued at $31.24M across three wallets.