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Unidentified cluster swaps 1,601 BTC for 53,095 ETH over five days, totaling $132M in USDC trades

Market News
16 Oct 2026
Tokenpost
View Source
Neutral
Unidentified cluster swaps 1,601 BTC for 53,095 ETH over five days, totaling $132M in USDC trades

An unidentified address cluster sold a total of 1,601.1 Bitcoin (BTC) and purchased 53,095 Ether (ETH) over five days. During this period, the cluster exchanged BTC for 132 million USD Coin (USDC) before buying ETH at an average price of $2,497. The activity includes a recent one-day trade where 288.9 BTC was sold for 23.48 million USDC, followed by the purchase of 9,820 ETH. The owner of the cluster remains unknown, and it is unclear whether it is a whale or an institution. This significant movement highlights notable trading activity between major cryptocurrencies, which could impact market dynamics.

Unidentified address cluster's Bitcoin and Ether trades provide context for market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 16, 2026 16:31 WIB: 45 of 50 major cryptocurrencies rose today while 4 fell. Notable movers include BCH at Rp5.048.698 with a 1-day change of +6.83% and Pluang order activity of 67% Sell / 33% Buy, UNI at Rp133.272 with +6.81% change and 44% Sell / 56% Buy activity, and SUSHI at Rp4.157 with +6.60% change and 89% Sell / 11% Buy activity.

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