ChainCatcher report, according to Ember monitoring, the large whale/institutional address that had been consistently selling BTC and buying ETH continued over the past day to convert 288.9 BTC into 23.48 million USDC, followed by purchasing 9,820 ETH. Over the past five days, this entity has cumulatively sold 1,601.1 BTC (for 132 million USDC) and acquired 53,095 ETH at an average price of $2,497.
Whale Sells 1,601 BTC and Buys 53,095 ETH in 5 Days
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Summary
Whale activity has drawn attention as a major entity sold 288.9 BTC for 23.48 million USDC in the past day, using the funds to purchase 9,820 ETH. Over five days, the whale sold 1,601.1 BTC (132 million USDC) and bought 53,095 ETH at an average price of $2,497 per ETH. Traders are monitoring key support and resistance levels as the shift from BTC to ETH intensifies.
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