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.
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