Data: A certain whale/institution recently reallocated and bought over 58,100 ETH, worth approximately $176 millions.
According to ChainCatcher, on-chain analyst Yu Jin monitored that since November 25, the whale/institution that has been swapping BTC for ETH continued to do so today, exchanging 340 BTC for 9,784 ETH via THORChain cross-chain, worth $30.42 million.
Since November 25, this whale/institution has swapped a total of 1,972 BTC for 58,148 ETH (worth $176 million) across chains and is holding them. The average cost of the exchanged ETH is $3,028.
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
Boundless releases project progress report, has become the largest fully decentralized ZK proof network
ZX Squared Capital predicts bitcoin may drop another 30% in 2026
Trending news
MoreCrypto prices
More
