Odaily Planet Daily reports, according to on-chain analyst Yujin, over the past day, a large whale/institution continued selling 288.9 BTC, receiving 23.48 million USDC, which was then used to purchase 9,820 ETH. Over the past five days, this whale/institution has cumulatively sold 1,601.1 BTC, received 132 million USDC, and bought 53,095 ETH at an average purchase price of $2,497.
Whale/Institution Sells 1,601.1 BTC for $132M USDC and Buys 53,095 ETH Over 5 Days
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Summary
Whale trading activity has drawn attention as a major entity sold 1,601.1 BTC for $132M USDC and purchased 53,095 ETH over five days. Technical analysis for crypto suggests this position shift reflects strategic moves, with an average ETH purchase price of $2,497. In the past 24 hours, the whale sold 288.9 BTC for 23.48M USDC and bought 9,820 ETH.
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