A whale started switching its holdings to BTC after holding ETH for 4 years.

This article is machine translated
Show original

[A whale has begun switching its ETH holdings to BTC after 4 years] According to Mars Finance, on-chain data analyst Yu Jin has detected a whale that has held ETH for four years and has chosen to switch its ETH holdings to BTC. This whale has sold 14,145 ETH (approximately $44.3 million) for 492 WBTC at an exchange rate of 0.03478, with an average cost of $90,014 for WBTC. This address previously held 22,344 ETH (approximately $65.15 million) withdrawn and accumulated from exchanges such as Kraken, Bitfinex, and Poloniex four years ago, with an average withdrawal price of $2,916.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments