🐳 Ethereum OG Jumps Ship to Bitcoin! $44M Dive into BTC Waters! 🚀

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Well, butter my biscuit and call me a gobsmacked gnome! An Ethereum whale, as old as the hills and twice as crotchety, has decided to swap his precious ETH for the shiny allure of Bitcoin. 🌊💰 This ain’t your average fish in the pond-this here’s an Ethereum OG, the kind who’s been hoarding ETH since it was cooler than a wizard’s staff. 🧙♂️

According to the ever-watchful Lookonchain, our mysterious whale, known only as “0x4553,” has been busier than a dwarf in a gem mine. Between 2019 and 2023, this crafty critter snapped up 21,000 ETH for a cool $61.4 million, at an average price that’d make a troll blush-$2,922. 🤑

An #Ethereum OG (0x4553) is converting his $ETH holdings into $BTC.

Between 2019 and 2023, he bought 21,000 $ETH($61.4M) at an average price of $2,922.

Over the past 7 hours, he swapped 14,146 $ETH($44.3M) for 492 $WBTC, at a ratio of 0.03479. 🤔💸

– Lookonchain (@lookonchain) January 3, 2026

But hold onto your pointy hats, folks! In a move that’s more sudden than a dragon’s sneeze, our whale swapped 14,146 ETH (worth a staggering $44.3 million) for 492 WBTC. That’s right, wrapped Bitcoin-because why have one crypto when you can have two? 🧣🐳

Now, the reason behind this financial fandango remains as clear as a troll’s bathwater. Some say it’s personal, others reckon it’s just a fancy way to spice up his portfolio. Meanwhile, ETH was having a jolly old time, up 1.84% in 24 hours and 5.94% weekly, outpacing Bitcoin like a broomstick outrunning a cart. 🧹🚀

This ain’t the first time a whale’s gone wandering. Just the day before, another anonymous behemoth ditched ETH after losing $18.8 million in two weeks, opting instead for the shiny embrace of gold. Spent $14.58 million on 3,299 XAUT-that’s enough to make a dwarf drool. 💍💰

Ethereum Still Swimming in Cash

Despite our OG’s grand exit, Ethereum’s still the belle of the ball. Whales and institutions are piling in like it’s a midwinter feast. One lucky duck snapped up 12,166 ETH ($38.09 million) from Coinbase, FalconX, and Cumberland. Another grabbed 5,104 ETH ($16.09 million), bringing their total haul since Dec. 3 to 51,374 ETH ($159.76 million). 🏦🐋

And let’s not forget Tom Lee’s Bitmine, staking 82,560 ETH ($259 million) like it’s going out of fashion. Their total? A whopping 544,064 ETH ($1.62 billion). That’s enough to make even a dragon jealous. 🐉💎

On Jan. 2, spot Ethereum ETFs saw inflows of $174 million, with Grayscale’s ETHE leading the charge at $53.69 million. Looks like Ethereum’s still got plenty of wind in its sails-or should I say, its magical broomstick? 🧹✨

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2026-01-03 19:10