PANews reported on December 13th that, according to on-chain analyst Yu Jin, whales/institutions who have been swapping BTC for ETH recently exchanged another 163 BTC for 4,717 ETH (US$14.68 million) via THORChain today. Since November 25th, they have exchanged a total of 1,632 BTC for 48,364 ETH (US$145 million) over 18 days, with an average cost of US$3,011 per ETH.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.