Ethereum OG Wallet Swaps $44.3 Million in ETH for 492 WBTC at Start of 2026
At the beginning of 2026, an early Ethereum holder identified as "0x4553" shifted a large share of his ETH into Bitcoin by swapping 14,146 ETH worth $44.3 million for 492 WBTC at a ratio of 0.03479. This move followed earlier purchases totaling 21,000 ETH for $61.4 million between 2019 and 2023, while broader market activity showed other whales and institutions accumulating ETH and spot Ethereum ETFs recording net inflows.