Whale's Strategic Swaps: From WETH to WBTC and Back Again

Whale Swap Activity Overview

On January 3, the whale converted 14,145.93 WETH into 492.16 WBTC valued at $44.195 million, with the ETH/BTC exchange rate at 0.03479.

Just 23 days later, the whale made a strategic move on January 26, converting 578.66 WBTC back into 17,706.74 WETH, worth $50.33 million, at an exchange rate of 0.03268.

Profit from Swaps

These swap operations increased the whale's ETH holdings by 6.45%. Currently, the whale holds 17,707 WETH and 195.49 WBTC on-chain, with a total value of $67.38 million.

• First Swap: 14,145.93 WETH → 492.16 WBTC
• Second Swap: 578.66 WBTC → 17,706.74 WETH
• Current Holdings: 17,707 WETH + 195.49 WBTC