Whale Swaps 39.67 WBTC for 1749 ETH Worth $4.37M at $2502 Average Price

On June 30th, COINOTAG News reported a significant on-chain transaction highlighted by analyst Ai Auntie (@ai_9684xtpa). A prominent whale executed a large-scale swap, exchanging 39.67 WBTC for 1,749 ETH within a four-hour window. This trade, valued at approximately $4.37 million, reflects an average acquisition cost of around $2,502 per ETH. Such movements by high-net-worth investors often signal strategic portfolio adjustments and can influence market liquidity. Monitoring these sizable swaps provides valuable insights into institutional sentiment and potential shifts in crypto asset allocation.

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Source: https://en.coinotag.com/breakingnews/whale-swaps-39-67-wbtc-for-1749-eth-worth-4-37m-at-2502-average-price/