Crypto Whale Shifts 3,039 Ether in a $7.5 Million Bitcoin Trade

A crypto whale converted Bitcoin (BTC) into 3,038.73 Ether (ETH), valued at about $7.5 million, in a one-hour move that used three addresses.

The transaction adds to a broader shift into ETH that began Oct. 11. Since then, the holder has converted BTC into more than 46,103.3 ETH, with the accumulated amount valued above $115 million. The average price for ETH acquired during that period was $2,513.11.

The $7.5 million estimate applies to the latest 3,038.73 ETH tranche. The cumulative valuation covers conversions since Oct. 11, while the $2,513.11 average applies to that broader total. The latest move took place over one hour and used three addresses. The $7.5 million figure describes one part of a longer conversion sequence that has topped $115 million.