Ethereum Whale Buy 649.62 ETH After $46M BTC-to-ETH Swap

Published: 2025-07-20 03:16:31 |

One big Ethereum whale perform one cross-chain swap worth $46.05 million BTC to ETH through one big DEX dem. The whale convert Bitcoin to ETH. Den e add 649.62 ETH (about $1.5 million at current prices) to im holding. Dis accumulation show say institutional interest dey increase, and dem dey do strategic asset spread as blockchain interoperability dey progress. Traders suppose dey watch Ethereum whale activity well, because big big inflows like dis fit make ETH price steady, increase trading volume, and mean say future signal strong bullish momentum.

Bullish

Di big whale wey get Ethereum don pile plenty via $46 million BTC-to-ETH swap and later buy 649.62 ETH show say e get strong confidence and demand for ETH. For short term, big inflows fit reduce supply, hold price steady, and push bullish momentum. For long term, growing institutional interest and ongoing strategic diversification mean demand go last, fit make Ethereum price go up steady.