A whale who has held ETH for 4 years begins shifting positions to BTC

Odaily News According to on-chain data analyst Yu Jin's monitoring, a whale who has held ETH for as long as 4 years chose to swap ETH for BTC today.

The whale has already sold 14,145 ETH (approximately $44.3 million) and exchanged it for 492 WBTC, at an exchange rate of 0.03478, with an average WBTC cost of $90,014.

This address withdrew and accumulated 22,344 ETH (approximately $65.15 million) from exchanges such as Kraken, Bitfinex, and Poloniex 4 years ago (early 2022), with an average withdrawal price of $2,916.