Whale re-enters Bitcoin after 8-month hiatus, invests $14.2M

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Whale activity has returned to Bitcoin after an 8-month absence, with a major investor converting $14.2 million in USDC to 179.8 BTC via THORChain at an average price of $78,955. The whale, previously observed selling 50,600 ETH in late 2025 for $19.02 million, remains active and holds $74.32 million in USDC. Whale movements continue to serve as a key indicator of market sentiment.

ChainCatcher report, according to EmberCN monitoring, a whale who liquidated 50,600 ETH at an average price of $2,921 last year, realizing approximately $19.02 million in profit, has resumed purchasing BTC after being inactive for about eight months. Over the past day, the whale has exchanged 14.2 million USDC for 179.8 BTC via THORChain, at an average purchase price of approximately $78,955. The whale continues to buy and currently holds around 74.32 million USDC.

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