On August 31, according to monitoring by Block Rhythm, an ancient Bitcoin whale sold 7,000 BTC (approximately 759 million USD) in the past 46 hours and purchased 171,791.84 ETH (approximately 773 million USD). He still holds 3,000 BTC (approximately 325 million USD) at a certain Address, which is likely to be swapped for ETH.
In addition, the whale wallet also holds 46,816 BTC (approximately 5.07 billion USD): among them, based on previous activities, another 14,495 BTC (approximately 1.57 billion USD) may be converted to ETH, but the movement of the remaining 32,321 BTC (approximately 3.5 billion USD) is still unclear. Overall, it seems that he intends to convert all holdings. This is merely speculation and should not be taken as investment advice; the true intentions of the whale are not clear.
As of now, in the past 11 days, he has sold 34,110 BTC (approximately 3.7 billion USD) and purchased 813,298.84 ETH (approximately 3.66 billion USD).
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Bitcoin Whale sold 7,000 BTC for 170,000 ETH in 48 hours and may continue large-scale asset swapping.
On August 31, according to monitoring by Block Rhythm, an ancient Bitcoin whale sold 7,000 BTC (approximately 759 million USD) in the past 46 hours and purchased 171,791.84 ETH (approximately 773 million USD). He still holds 3,000 BTC (approximately 325 million USD) at a certain Address, which is likely to be swapped for ETH.
In addition, the whale wallet also holds 46,816 BTC (approximately 5.07 billion USD): among them, based on previous activities, another 14,495 BTC (approximately 1.57 billion USD) may be converted to ETH, but the movement of the remaining 32,321 BTC (approximately 3.5 billion USD) is still unclear. Overall, it seems that he intends to convert all holdings. This is merely speculation and should not be taken as investment advice; the true intentions of the whale are not clear.
As of now, in the past 11 days, he has sold 34,110 BTC (approximately 3.7 billion USD) and purchased 813,298.84 ETH (approximately 3.66 billion USD).