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Whale’s BTC-to-ETH Rotation Totals Disputed by Outlets

Coinfomania (2026-10-14) and U.Today give different totals for the same Oct. 12 whale rotation from Bitcoin to Ethereum, both citing Lookonchain.

Original AltcoinGordon illustration for: Whale’s BTC-to-ETH Rotation Totals Disputed by Outlets
Original illustration, drawn for this story by AltcoinGordon.

Coinfomania (2026-10-14) and U.Today give different totals for the same Oct. 12 whale rotation from Bitcoin to Ethereum, both citing Lookonchain.

What all sources agree on

  • A whale rotated from Bitcoin into Ethereum around Oct. 12, as reported by blockchain analytics platform Lookonchain.
  • The rotation involved multiple BTC-to-ETH trades attributed to the same whale.

Where the reports disagree

1Total BTC sold and ETH purchased in the rotation

A notable whale has recently made waves in the crypto space by selling 1,074.36 BTC, valued at approximately $89.5 million, and purchasing 36,159 ETH for around $90.6 million.

Coinfomania (2026-10-14)

First, this whale sold 410.14 BTC ($34.16 million approx.) and then went on to purchase 14,341 ETH ($36.14 million) on DEXes. Later, this same whale dumped 229 BTC (worth $19.1 million) and purchased another chunk of 7,469.8 ETH.

U.Today

What would settle it: The original Lookonchain on-chain transaction data for the whale's wallet address covering Oct. 12.

What to make of it

Treat the existence of a BTC-to-ETH whale rotation around Oct. 12 as established, but do not rely on either outlet's specific BTC or ETH totals until the underlying on-chain transactions are checked directly.

Treat the existence of a BTC-to-ETH whale rotation around Oct. 12 as established, but do not rely on either outlet's specific BTC or ETH totals until the underlying on-chain transactions are checked directly.

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