Crypto Whale News (9/15): Whale Bitcon Sells More Assets as BTC Stands at IDR 1.9 Billion?

Jakarta, Pintu News – The cryptocurrency market has been rocked again by news of a big move from one of the oldest Bitcoin (BTC) whales. After selling more than Rp65 trillion worth of BTC for Ethereum (ETH) last month, the mammoth investor is again offloading its holdings as the price of Bitcoin approaches IDR 1.9 billion ($116,000) per coin. The move sparked traders’ concerns that the massive selling pressure could hold back BTC’s price gains in the global crypto market.

Whale Releases 1,176 BTC Worth Rp2.2 Trillion to Hyperliquid

According to Lookonchain data, two Bitcoin wallets linked to the old address made a transfer of 1,176 BTC to the Hyperliquid trading platform on Sunday. The total value of the transferred assets reached more than $136 million or around Rp2.23 trillion, and the activity was followed by a gradual sell-off in the market.

The whale had previously made a major sell-off in the latter half of August, when he swapped around 36,000 BTC (worth over IDR 65 trillion) into Ethereum (ETH). After a two-week pause, this latest move hints at a possible diversification strategy or profit-taking amid BTC price uncertainty.

Also read: 3 Whale Moves Today (15/9) According to LookOnChain Data

ETH/BTC Ratio and Whale’s Potential Losses

Interestingly, the whale’s move comes at a time when the ETH to BTC ratio is relatively stagnant. Lookonchain’s data suggests that if the whale were to exchange his ETH back into BTC, he could potentially lose around 460 BTC, equivalent to nearly $53 million.

Since July last year, the ETH/BTC ratio has remained below 0.05, far from its peak in mid-2017 when it reached 0.14. In the past month, the ratio has actually strengthened by around 6% to 0.0401, signaling that interest in ETH remains steady despite BTC struggling to cross resistance areas.

Read also: Gold Jewelry Price Today, Monday September 15, 2025, Up or Down?

Other Whale Moves in the Crypto Market

In addition to the big action at Hyperliquid, some old BTC wallets also appear to be actively moving their holdings. One address that held nearly 445 BTC for almost 13 years made a partial balance transfer to the Kraken exchange last Thursday.

Earlier in September, another wallet with around 480 BTC was also recorded making its first move since 2012, although it appears to be only for security purposes by sending funds to a new address. The activity of these legacy wallets suggests that large market participants are keeping a close eye on price dynamics, while also capitalizing on the momentum to reorganize their portfolios in the crypto ecosystem.

Conclusion

The wave of selling by Bitcoin whales shows that the movement of “smart money” can affect market psychology, especially as prices approach important levels. Although Bitcoin (BTC) is still holding its ground in the Rp1.9 billion area, selling pressure from large holders could limit short-term rallies. For investors, it’s important to monitor on-chain data like this to stay aware of the volatility that often occurs in the cryptocurrency world.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Cointelegraph. Bitcoin whale is dumping again as BTC flatlines at $116K. Accessed September 15, 2025
• Featured Image: Generated by Ai