A Billion-Dollar Rotation That’s Shaking the Market
Key Highlights
• A whale with $5.5B in BTC reserves has already rotated $2.5B into ETH and is eyeing another $1.1B purchase.
• The moves pushed Bitcoin lower and could catapult Ethereum into a rare supply shock.
Ladies and Gentlemen of ParadiseClub! What happens when one of the biggest old-school Bitcoin whales decides BTC isn’t enough? You get a seismic rotation. A wallet cluster tied to a long-term holder with over $5.5 billion in Bitcoin reserves has already unloaded 24,000 BTC into Ethereum, building a massive $2.5 billion ETH treasury. And now? Another $1.1 billion purchase looks to be locked and loaded.
The whale’s moves weren’t quiet. On-chain trackers at Arkham flagged 10,000 BTC transfers from reserves worth $1.6B, part of a series of rollovers using Hyperliquid’s spot market. At the same time, ETH positions were stacked both in spot and perpetual futures, signaling an aggressive build-up strategy rather than a casual diversification.
ETH Doubles in BTC Terms, and the Whale Smells Blood
This isn’t a random pivot. Ethereum has quietly doubled its value in BTC terms after months of weakness. From scraping the lows around 0.020 BTC, ETH surged on momentum to reclaim levels many thought were lost forever. The whale’s timing couldn’t be clearer: Bitcoin is faltering, Ethereum is flexing, and deep-pocketed players are moving before the crowd.
The effect has already been brutal. BTC has shed more than $4,000 in the past week, partially from the whale’s transfers. Meanwhile, ETH supply looks thinner than ever, with on-chain reserves draining and institutional demand heating up. If the next tranche is executed, this whale could soon rival the Ethereum Foundation itself in holdings.
A Market on Edge, and a Test of Nerves
Crypto history teaches one thing: whales don’t rotate billions without a reason. With more than 85,000 BTC withdrawn from exchanges like HTX, OKX, and Binance, some coins dormant for nearly 8 years, the market is watching in real time as Bitcoin dominance is quietly chipped away.
ETH bulls are whispering about an eventual “supply shock,” while BTC loyalists are warning of cascading downside if more coins get rotated. Either way, the tide has shifted, and traders caught flat-footed could be forced into the wrong side of history.
The Paradise Edge
Simon in the MCP stream have been mapping this rotation for weeks. We warned that once Bitcoin failed to reclaim momentum, whales would begin to rotate into Ethereum, and here it is, playing out on-chain.
ParadiseFamilyVIP members are already positioned with strategies tailored for this exact move, while MCP News Private subscribers ($3/month, less than a parking fee) are getting the next playbook before the wider market catches on.
The question is simple: will you still be reading headlines when ETH supply vanishes, or will you already be holding the scarce coin whales are scrambling for?
