A prominent Bitcoin whale has made a significant move, shifting billions from BTC into ETH and holding over 40,000 ETH in a profitable long position. This action has significantly affected both Bitcoin and Ethereum prices, raising questions about market transparency and regulatory oversight. Analyzing the data from Lookonchain, this whale had previously accumulated over 100,000 BTC, demonstrating a significant trading history. This latest shift resulted in a dramatic price crash for Bitcoin below $40,000 as the whale sold approximately 24,000 BTC. The move led to more than $500 million in forced liquidations and triggered an Ethereum withdrawal surge of over 1.2 million ETH, prompting discussions on market stability and leveraging trends.