Ember monitoring cited by BlockBeats said a whale or institution sold 288.9 BTC for 23.48 million USDC and used the proceeds to buy 9,820 ETH over the prior day, according to a report dated Oct. 16, 2026.
Five-day activity
The same monitoring attributed cumulative five-day activity of 1,601.1 BTC sold for 132 million USDC and 53,095 ETH bought at an average price of $2,497.
The report did not identify the wallets or establish whether the trader was an individual whale or an institution. The transaction totals and average price reflect Ember’s monitoring snapshot.
Source: BlockBeats flash.