Crypto Whale Sells 1,917.7 Bitcoin for Ether as ETH Reclaims $2,400

Ether climbed back above the $2,400 threshold to trade at $2,403.28 following sustained capital rotation from Bitcoin by an unidentified whale wallet. Over an 11-day period ending October 22, the entity sold a cumulative 1,917.7 BTC valued at approximately $159 million to acquire 64,545 ETH worth around $155 million. The reallocation concluded with the whale selling 246.25 BTC valued at $20.64 million on October 22 to purchase 8,286 ETH of matching value, providing immediate price support for Ether.