🌊🐋 Bitcoin Whale Dumps BTC for Ether Adventure! 🐚

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Well, I’ll be dipped! A major Bitcoin whale, who’s held onto their shiny gold for a full seven-year haul, has decided to cash in 670 Bitcoin for a cool $76 million and plunge into the Ether river. This old whale, it appears, is not quite done exploring the crypto seas yet! 💰🐳

After wrangling them in for untold patience, the whale sold their Bitcoin bounty on Wednesday. Then, with a twinkle in their eye, they used the tidy sum to bet across four precincts in the Ether kingdom, gathering a heap of 68,130 Ether, according to the esteemed folks at Lookonchain. ❗

Before this audacious move, this Old Salt of the crypto seas had stashed 14,837 Bitcoin, a treasure worth a staggering $1.6 billion, accumulated from friendly shores like Binance and HTX more than seven summers ago. And just last week, Bitcoin reached its crowning glory of $124,128, while Ether hovered close to its golden age glory, $4,878 from its 2021 heyday.

Whale Spots Its Own Backwater

These crafty Nashvilles bounced into Ether’s embrace around the $4,300 per piece mark. And wouldn’t you know, they were betting big, ten times over! Except for a tiny share of 2,449, which sat quaintly triple-covered. But just as quick as the moon can turn, Ether’s price did a leisurely dolphin dive, hitting $4,080, placing three chestnut positions in distress, and nearly letting the liquidation siren wail. ⚠️

But fret not, Ether rebounded a bit with a 2.9% jump, selling for a plump $4,287. 📈

Institutional Beasts Join the Dance

Amid this whirling waltz, three whales took fright and let loose 17,972, 13,521, and 3,003 Ether, yet their dance partners were eager, snapping up the tokens. Simultaneously, two institutions-linked beasts quietly hoarding Ether were found with 9,044 tokens each, sauntering about $38 million between them. 🤫

O’tiger! BitMine Immersion Technologies, who loves their Bitcoin, shooved a further 52,475 Ether into their store, totaling a magnificent 1.52 million Ether, weighing in at $6.6 billion. 🏭

Old Whales Pivot Their Sails

Not to be outdone, two more Bitcoin whales decided to stir things last month, yet chose paths that weren’t Ether’s. A relic from Satoshi’s times with 80,201 tokens shifted their stash to Galaxy Digital after 14 long years in slumber, waving farewell on July 16. 🌊

Troubled by another seven-year nap, an alternate whale finally woke to transport out 1,042 Bitcoin-$123 million worth to a new home, also around mid-July. Moreover, savvy crypto analyst Willy Woo intones that whales with battalions larger than 10,000 Bitcoin have been offloading since 2017, yet “new fresh faces” is the cry of a flourishing market, whatever that’s filled with. 🎩

So it seems, my friends, that the ebb and flow of crypto tides guns for no one. It’s just the eternal dance of the market, with new entrants staking their claim, much like a Western hoedown. 🤠

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2025-08-21 09:35