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Whale Shifts Holdings from ETH to BTC After 4 Years
Summary: According to on-chain data analyst Yu Jin, a whale holding ETH for 4 years has decided to shift their holdings to BTC today. The whale has sold 14,145 ETH (approximately $44.3 million) and exchanged it for 492 WBTC at an exchange rate of 0.03478, with an average cost of $90,014 per WBTC. This address withdrew ...
According to on-chain data analyst Yu Jin, a whale holding ETH for 4 years has decided to shift their holdings to BTC today.
The whale has sold 14,145 ETH (approximately $44.3 million) and exchanged it for 492 WBTC at an exchange rate of 0.03478, with an average cost of $90,014 per WBTC.
This address withdrew and accumulated 22,344 ETH (approximately $65.15 million) from exchanges like Kraken, Bitfinex, and Poloniex 4 years ago (early 2022), with an average withdrawal price of $2,916.