Whale Converts 686 BTC to 19,631 ETH via ThorChain at $3,319 Average Price

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The ETH price experienced a significant movement as a whale converted 686 BTC (approximately $65.16 million) into 19,631 ETH through ThorChain between January 14 and 16. The average ETH price during the swap was $3,319. The BTC price remained stable during the transaction period, with no major volatility reported.

BlockBeats news: On January 16, according to OnchainLens monitoring, a whale address converted 363 BTC (approximately $34 million) into 10,390.5 ETH through ThorChain over the past two days, with a transaction price of around $3,273 per ETH.


Two hours ago, the whale further exchanged 323.26 BTC (approximately $31.15 million) for 9,240.6 ETH. As of now, the whale has cumulatively converted 686 BTC (approximately $65.16 million) into 19,631 ETH via ThorChain, with an average transaction price of approximately $3,319.

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