Whale Converts 578.66 WBTC to 17,706.74 WETH in $50.33M Swap

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On January 26, a major whale transaction occurred, swapping 578.66 WBTC for 17,706.74 WETH, valued at $50.33 million. This follows whale activity on January 3, where 14,145.93 WETH was exchanged for 492.16 WBTC. During the trade, the ETH/BTC rate dropped from 0.03479 to 0.03268. The whale's ETH balance increased by 6.45%, with a total of 17,707 WETH and 195.49 WBTC now held, amounting to $67.38 million in value.

BlockBeats news: On January 26, according to on-chain analyst Ai Ye (@ai_9684xtpa), a whale who, at the beginning of the year, swapped ETH holdings held for four years into WBTC, has once again converted the WBTC back into WETH.


January 3: Convert 14,145.93 WETH to 492.16 WBTC (44.195 million USD), ETH/BTC exchange rate 0.03479

January 26: Reallocated 578.66 WBTC back to 17,706.74 WETH (50.33 million USD), ETH/BTC exchange rate 0.03268


His ETH holdings increased by 6.45%, and he currently still holds 17,707 WETH and 195.49 WBTC on-chain, with a total value of $67.38 million.

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