A certain Whale/Institution recently conducted a portfolio reallocation to buy 58,148 ETH, worth $176 million.

By: theblockbeats.news|2025/12/14 01:15:57

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BlockBeats News, December 14th. According to EmberCN monitoring, the whale/institution that has been swapping BTC for ETH since November 25th continued its rebalancing today. They exchanged 340 BTC for 9,784 ETH through THORChain, totaling $30.42 million.

Since November 25th, this whale/institution has cross-chain swapped a total of 1,972 BTC for 58,148 ETH ($176 million) and still holds it. The average cost of the exchanged ETH is $3,028.

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