A certain whale sold 640 WBTC for 15040 stETH eight hours ago
According to on-chain analyst Yu Jin, the whale who previously exchanged ETH for WBTC at an ETH/BTC exchange rate of 0.0435 in August, bought back ETH 8 hours ago: sold 640 WBTC (approximately $40.45 million) and purchased 15,040 stETH. The current ETH/BTC exchange rate is 0.0425.
He now holds 15,040 stETH ($39.80 million) and 516 WBTC ($32.60 million). In addition, from August 21st to September 4th he also bought a total of125,605 AAVE tokens at a price of $127 each; these AAVE tokens have since appreciated by up to $5.75 million (+36%).
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.
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