A giant whale institution sold 2,070 BTC units in the past 24 hours, bought 30,367 ETH units, and opened 78,000 more ETH contracts
According to online reports, according to Chain analyst Ember Monitoring, the giant whale/institution, which has held 10,606 BTC units for 7 years and made a profit of US$1.12 billion, has sold 2,070 BTC units (US$235 million) in the past 24 hours. Part of the funds obtained from the sale of BTC bought 30,367 ETH (US$131 million) in spot; part of the funds opened 78,000 ETH (position value US$336 million) through contracts. He now has 8,437 BTC (US$960 million) and may continue to swap positions to ETH.
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