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Whale sells 1,601 BTC for $132M USDC, buys 53,095 ETH at $2,497 each over five days

Market News
16 Oct 2026
Tokenpost
View Source
Neutral
Whale sells 1,601 BTC for $132M USDC, buys 53,095 ETH at $2,497 each over five days

An unidentified whale or institution sold 1,601.1 Bitcoin (BTC) for 132 million USDC and purchased 53,095 Ether (ETH) over a five-day period, with an average purchase price of $2,497 per ETH. In the latest 24 hours, it sold 288.9 BTC for 23.48 million USDC while buying 9,820 ETH. This activity follows a prior four-day period where 1,312.1 BTC were sold for 109.1 million USDC and 43,275 ETH were bought. The transactions indicate a significant shift from Bitcoin to Ether by this large investor, potentially signaling confidence in ETH's value or strategy diversification.

Bitcoin trades at Rp1.467.924.659 on Pluang, showing a 0.72% gain as of Oct 16, 2026 17:02 WIB. Ethereum is up 2.82%, priced at Rp43.749.691. Pluang users show more buying interest in Bitcoin with 62% buy orders, while Ethereum orders are evenly split at 50% buy and sell.

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