Whale Offloads $4.3M in ETH, Swaps to DAI and WBTC

In Brief:

Whale sold 1,692 ETH (~$4.31M) in 8 hours at $2,547 average price.

1,292 ETH swapped for DAI, 400 ETH converted to WBTC.

A major whale just made a notable move on-chain. According to data from analyst Ai Yi (@ai_9684xtpa), an address starting with 0x55D sold 1,692 ETH—worth roughly $4.31 million—within an 8-hour window.

The average selling price for the ETH was $2,547. Of the total, 1,292 ETH were swapped directly for the stablecoin DAI, while 400 ETH were converted into wrapped Bitcoin (WBTC).

The motive behind the reallocation remains unclear, but such whale movements often precede market volatility or strategic portfolio shifts. Traders are now closely watching if this is a signal of broader ETH-to-BTC rotation or simply profit-taking amid recent market uncertainty.

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