Whale re-enters market, buys 179.8 BTC after selling 50,060 ETH last year

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Whale movement has returned to the spotlight as a major whale recently purchased 179.8 BTC via THORChain, swapping 14.2 million USDC at an average price of $78,955. This follows whale activity in late 2025, when the same entity sold 50,600 ETH at $2,921, netting a $19.02 million profit. The whale remains active, holding approximately 74.32 million USDC.

According to Ember Monitoring, a large whale sold 50,600 ETH at an average price of $2,921 last year, worth approximately $147 million, realizing a profit of $19.02 million. After pausing operations for about eight months, the whale recently converted 14.2 million USDC into 179.8 BTC via THORChain over the past day, at an average purchase price of $78,955. The whale is currently continuing to buy and holds approximately 74.32 million USDC.

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