# Unidentified Entity Buys 3,000.5 Ether, Then Swaps It for Bitcoin

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/40546
Published: 2026-10-25T14:09:16.000Z
Updated: 2026-10-25T14:09:16.000Z
Section: Investing

> The funds used to buy Ether came from Tornado. The entity sold ETH at $3,109 in January and $2,679 in September before buying again at $2,353 in October.

An unidentified crypto entity bought 3,000.5 Ether (ETH) starting Oct. 23, with the purchases valued at $7.06 million.

The entity later exchanged the Ether for Bitcoin (BTC) through THORChain, a cross-chain protocol. The funds used to buy the Ether came from Tornado.

Earlier trades included Ether sales at $3,109 per token in January and $2,679 in September, followed by an October purchase at $2,353 per token.