A whale shorts $25 million in ETH/BTC exchange rate, adding 6,475 ETH over the past six months

Odaily Planet Daily News According to monitoring by on-chain analyst Yujin, the ETH/BTC exchange rate has recently rebounded from 0.02524 to 0.02855. A whale specializing in ETH/BTC exchange rate trading converted 13,708 ETH into 393.4 BTC half an hour ago, worth $25 million, shorting the ETH/BTC exchange rate at a transaction rate of 0.02855. This whale is a coin-based trader; if the exchange rate drops, they can exchange back for more ETH. Over the past six months, through multiple exchange rate trades, they have added 6,475 ETH on a coin basis, worth $11.78 million.