BTC Whale Swaps to ETH Again, Moving $38.84M in Value

By: theblockbeats.news|2026/01/16 07:30:12

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BlockBeats News, January 16th, according to ChainInfo, the whale/institution that swapped BTC for ETH the day before yesterday, today continued to sell 404 BTC ($38.84 million) through the cross-chain exchange tool THORChain for 11,533 ETH.

In two days, they have exchanged a total of 686.1 BTC ($65.17 million) for 19,631 ETH, with an average price of $3,302 per ETH.

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