A certain whale/institution has swapped 282.1 BTC for ETH and still holds 646.5 BTC

By: theblockbeats.news|2026/01/14 02:30:16

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BlockBeats News, January 14th, according to on-chain data analyst Wu Jinyu's monitoring, a whale/institution is seen shifting from BTC to ETH.

The whale conducted 2 transactions 10 hours ago and 7 hours ago, using the cross-chain exchange tool THORChain to swap 282.1 BTC (approximately $26.33 million) for 8,098 ETH, at an exchange rate of $3,251 per ETH. They still hold 646.5 BTC (approximately $61.68 million) and are likely to continue rebalancing their portfolio.

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