At the beginning of the year, the "ETH whale who swapped 4-year holdings for WBTC" exchanged 578.66 WBTC back to 17,706.74 WETH.
PANews January 26th news, according to on-chain analyst @ai_9684xtpa, the whale who swapped their 4-year ETH holdings for WBTC at the beginning of the year has now swapped back to WETH.
- January 3rd: Swapped 14,145.93 WETH for 492.16 WBTC (44.19 millions USD), with an ETH/BTC exchange ratio of 0.03479.
- January 26th: Swapped 578.66 WBTC back for 17,706.74 WETH (50.33 millions USD), with an ETH/BTC exchange ratio of 0.03268.
This operation increased their ETH holdings by 6.45%. Currently, they still hold 17,707 WETH and 195.49 WBTC on-chain, with a total value of 67.38 millions USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Saba Capital Management reports acquisition of $755,308.44 in Mexico Fund common shares
Juniper Investment Reports Acquisition of $5.11 Million in Orthofix Medical Common Shares
The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.
Data released by the U.S. Treasury Department on Thursday showed that, due to increased government spending and decreased tax revenue, the U.S. fiscal deficit reached $404 billions in October, expanding by 42% compared to the same period last year.


