# Whale Converts UBTC Into 16,704 Ether Worth About $42.46 Million

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/30370
Published: 2026-10-12T13:52:04.000Z
Updated: 2026-10-12T13:52:04.000Z
Section: Investing

> The conversion took place over 22 hours at an average price of $2,541.89 per ETH.

A crypto whale converted UBTC into 16,704.47 Ether (ETH) over 22 hours in a transaction valued at approximately $42.46 million.

The reported average price was $2,541.89 per ETH. The transaction involved UBTC and does not establish that the assets were Bitcoin (BTC).

Whales previously accumulated 14,335 BTC valued at about $1.22 billion.