34.16 million BTC suddenly sold! The giant whale turned around and scanned 14300 ETH, and the rotation of funds reappeared

A giant whale fund rotation of tens of millions of dollars has occurred again between BTC and ETH! On October 12th, according to on chain monitoring, a mysterious whale sold about 410.14 BTC worth $34.16 million on Hyperliquid, and then bought about 14341 ETH worth $36.14 million through a decentralized trading platform. It is worth noting that this is not a simple wallet transfer, but involves actual transactions of BTC sales and ETH purchases, reflecting that the address is adjusting the allocation of two mainstream cryptocurrency assets. From the perspective of fund size, the purchase amount of ETH this time is about $1.98 million higher than the sale amount of BTC, but it cannot be confirmed whether the difference comes from other funds of the whale at present. For the market, this operation is worth paying attention to: when some large funds choose to sell BTC and increase ETH exposure, it may mean that they are re evaluating the relative performance of the two. However, a single whale's position swap does not mean that the entire market has shifted towards ETH. Is this whale trading $34.16 million BTC for ETH chips in advance to replenish ETH gains, or is it conducting a new round of asset allocation? The subsequent trend of ETH/BTC and the changes in holdings of related addresses are worth observing continuously. If you want to track the real-time flow of BTC and ETH funds, changes in trading volume, and market hotspots, you can register OKX through the AiCoin exclusive link: 👉 https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=2 Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.