Mystery Whale Converts 200.71 $BTC Into 6,247 ETH
A mystery whale has once again exchanged 200.71 BTC for 6,247 $ETH , according to on-chain analytics platform Lookonchain. The transaction was valued at approximately $17.2 million, according to ChainCatcher.
Over the past six days, the whale has converted a cumulative 1,308 $BTC into 40,670 ETH, with the total value of the transactions estimated at around $104 million. Notably, the whale has staked all of the acquired ETH, indicating a continued move toward Ethereum and potentially a longer-term investment strategy.
#NEARRisesNearly80%InAWeek #CircleLaunchesInstitutionalBTCBackedBorrowing
A mystery whale has once again exchanged 200.71 BTC for 6,247 $ETH , according to on-chain analytics platform Lookonchain. The transaction was valued at approximately $17.2 million, according to ChainCatcher.
Over the past six days, the whale has converted a cumulative 1,308 $BTC into 40,670 ETH, with the total value of the transactions estimated at around $104 million. Notably, the whale has staked all of the acquired ETH, indicating a continued move toward Ethereum and potentially a longer-term investment strategy.
#NEARRisesNearly80%InAWeek #CircleLaunchesInstitutionalBTCBackedBorrowing
