Bitcoin Whale’s $360M Transfer May Signal Further Rotation Into Ether and Potential Selling Pressure

Bitcoin whale transfer: a long-held $11 billion whale moved $360 million in BTC to a DeFi hot wallet, renewing rotation risk into Ether after a prior $5B BTC→ETH shift and signaling potential selling pressure on ￰0￱ rotated $5B from BTC into ETH previously, now sent $360M BTC to a DeFi hot wallet Dormant holders moved 32,300 BTC (~$3.93B) to exchanges — largest 3–5 year cohort transfer of 2025 On-chain patterns and analyst commentary (Bitget, Matrixport, Willy Woo) suggest selective capital flows, not broad altcoin season Bitcoin whale transfer: $360M BTC to DeFi hot wallet renews rotation into ETH; monitor on-chain flows and exchange inflows for market ￰1￱ analysis and key takeaways. , "description": "A previously active $11B Bitcoin whale transferred $360M in BTC to a DeFi hot wallet, potentially signaling another rotation into Ether after a prior $5B BTC→ETH move." , The massive whale has previously rotated about $5 billion worth of Bitcoin into Ether after holding the BTC stash for seven ￰2￱ Tuesday, a major Bitcoin whale—an address that once held roughly $11 billion in BTC—moved $360 million in Bitcoin to a decentralized finance hot wallet identified as “bc1pd.” Blockchain analytics firm Arkham reported the transfer, marking the whale’s first on-chain activity in two ￰3￱ recent Bitcoin whale transfer mirrors prior behavior: two months ago the same address rotated approximately $5 billion of BTC into ￰4￱ earlier move briefly elevated the whale’s ETH holdings above other large holders, according to plain text industry reporting.) — say Bitcoin continues to attract investors seeking a scarce hedge against macro ￰5￱ described Bitcoin’s scarcity and divisibility as traits that support its “digital gold” ￰6￱ did dormant Bitcoin holders move nearly $3.9B to exchanges?

Bitcoin holders dormant for three to five years transferred a cumulative 32,300 BTC (about $3.93 billion) to exchanges, data shared by CryptoQuant analyst Maartunn ￰7￱ is the largest transfer from that cohort in 2025 and can reflect profit-taking by investors who accumulated long-term.) has noted that supply concentration among long-standing whales, many with very low cost bases, affects the amount of new capital required to push prices ￰8￱ cost-basis differential matters when dormant holders decide to realize gains.) observed that although ETH and select altcoins outperformed recently, Bitcoin’s dominance is reasserting ￰9￱ analysis described the current rally as “selective rather than broad-based,” suggesting leadership may shift back to BTC in this ￰10￱ Asked Questions Has this whale rotated large BTC positions before? ￰11￱ same whale rotated roughly $5 billion of BTC into ETH two months ago, splitting funds between spot ETH and perpetual long ￰12￱ should traders monitor after this transfer?

Watch exchange inflows, the whale’s subsequent on-chain moves, ETH deposit flows, and volatility metrics to determine whether this is a sale, rotation, or funding ￰13￱ Takeaways Whale activity: A previously large $11B whale moved $360M in BTC to a DeFi hot wallet, indicating renewed ￰14￱ holder movement: 32,300 BTC (~$3.93B) moved from 3–5 year holders to exchanges — the largest such transfer of ￰15￱ impact: On-chain patterns and analyst commentary suggest selective ETH outperformance, but Bitcoin may be reclaiming leadership; monitor on-chain flows for ￰16￱ The recent Bitcoin whale transfer to a DeFi hot wallet renews the possibility of further BTC→ETH rotations and raises the risk of selling ￰17￱ and analysts should prioritize on-chain monitoring, exchange inflows, and the whale’s next actions to assess market ￰18￱ will continue tracking developments and on-chain signals.