According to Ember Monitoring, the 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 Over 5 Days
TechFlowShare
Summary
Whale activity saw a major move as a known entity sold 1,601.1 BTC (132 million USDC) and bought 53,095 ETH over five days. In the latest 24 hours, the whale swapped 288.9 BTC for 23.48 million USDC and used the funds to purchase 9,820 ETH. The average ETH price during these purchases was $2,497. Traders are monitoring key support and resistance levels as this pattern continues.
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