Whale re-enters Bitcoin market after 8 months, invests $14.2M

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Whale activity returned to the Bitcoin market on September 9 after an 8-month hiatus. The whale, previously associated with a $19.02 million ETH sell in late 2025, transferred $14.2 million in USDC to acquire 179.8 BTC via THORChain at $78,955. Whale activity remains ongoing, as the entity still holds $74.32 million in USDC.

Huo Xing Finance reports that on September 9, 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 profits, 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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