A whale sold 24,564 ETH and swapped for 784.7 BTC
BlockBeats news, on April 14, according to Ember monitoring, a whale switched 24,564 ETH for 784.7 BTC (about 58.38 million US dollars) two hours ago, with an ETH/BTC ratio of 0.0319.
This whale is likely betting that the ETH/BTC ratio will drop, so that when converting BTC back to ETH, they can purchase more ETH.
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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