Two whales exchanged 13,326 ETH for BTC
According to Chainalysis analyst Yu Jin, BTC prices continue to rise, but the ETH/BTC exchange rate continues to decline. Two whales have chosen to switch their ETH to BTC.
The address 0xd1e...d0e sold 7,346 ETH and exchanged them for 248.6 WBTC (worth $22.82 million) at a price of $91,776 over the past 3 days.
The address 0x3ec...19f sold 5,980 ETH and exchanged them for 102.1 tBTC and 93 cbBTC (worth $18.31 million) at a price of $93,851 8 hours ago.
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.
You may also like
UK to Draft Regulatory Framework for Crypto Industry by Early Next Year
Ethereum futures open interest hits new all-time high of over $20 billion, signalling bullish momentum: CryptoQuant
Ethereum futures open interest across all exchanges has hit a new all-time high, according to CryptoQuant data.Positive funding rates and record leverage ratios highlight increased risk-taking, with traders betting on rising Ethereum prices.
US dollar index DXY breaks through 108
Suspected JRNY Crypto address sold 2.02 million APE 20 minutes ago