The dynamics of solvated electrons were visualized using absorption imaging with sub-picosecond time resolution based on a pump-probe measurement during the early stages of femtosecond laser-induced plasma generation in water. The solvated electrons were generated by the propagation of a femtosecond laser pump pulse. In the area with a pump laser intensity over 2 × 1013 W/cm2, where a high density of free electrons was produced, solvated electrons exhibited an additional rapid increase in optical density (OD) at 800 nm, 7-9 ps after the pump pulse excitation. In contrast, no two-step increase in OD was observed when probed at 400 nm, suggesting that the absorption coefficient of the solvated electrons rapidly changed around 800 nm after femtosecond laser excitation for a few picoseconds. This observation might indicate the structural and electronic modulation of solvated electrons owing to the high density of free electrons in water, accompanied by femtosecond-laser-induced plasma generation.