A certain whale/institution has swapped 282.1 BTC for ETH and still holds 646.5 BTC
BlockBeats News, January 14th, according to on-chain data analyst Wu Jinyu's monitoring, a whale/institution is seen shifting from BTC to ETH.
The whale conducted 2 transactions 10 hours ago and 7 hours ago, using the cross-chain exchange tool THORChain to swap 282.1 BTC (approximately $26.33 million) for 8,098 ETH, at an exchange rate of $3,251 per ETH. They still hold 646.5 BTC (approximately $61.68 million) and are likely to continue rebalancing their portfolio.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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