Whale Converts 686 BTC into ETH in Major Transaction

On January 16, according to blockchain monitoring by OnchainLens, a whale address converted a total of 686 BTC into 19,631 ETH over the past two days, with an average exchange price of $3,319.

  • First swap: 363 BTC were converted into 10,390.5 ETH at an approximate price of $3,273 per ETH.
  • Follow-up move: 2 hours ago, the whale further exchanged 323.26 BTC for 9,240.6 ETH.

The total transaction value reached approximately $65.16 million, reflecting the whale's confidence in ETH's potential.