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Crypto whale converts $7.5M in Bitcoin to 3,038 ETH amid ongoing shift to Ethereum.

Market News
21 Oct 2026
Tokenpost
View Source
Bullish
Crypto whale converts $7.5M in Bitcoin to 3,038 ETH amid ongoing shift to Ethereum.

A cryptocurrency whale has converted approximately $7.5 million worth of Bitcoin into 3,038.73 Ether in a single hour using three different addresses. This transaction is part of a larger trend starting October 11, where the holder has exchanged over 46,103 ETH, valued at more than $115 million in total. The average price paid for Ether during this period was about $2,513. This ongoing conversion highlights a significant move from Bitcoin to Ethereum by a major investor, signaling possible shifts in market preference or strategy.

Ethereum trades at Rp44,158,751 on Pluang as of Oct 22, 2026 09:02 WIB, showing no change in the last day despite the large whale transaction noted in the article. Bitcoin is priced at Rp1,503,231,493 with a modest 0.88% increase over the same period. The Pluang platform shows a strong buy interest in Ethereum with 68% of orders favoring purchases, contrasting with a more balanced Bitcoin order activity at 52% buy and 48% sell, highlighting differing investor sentiment amid the whale's shift from Bitcoin to Ethereum.

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