On August 25, on-chain data analyst Yujin Monitoring reported that a whale address sold 3,054 ETH at a market price of $4,534 per ETH, receiving approximately 13.847 million DAI in the transaction.
The same address had acquired ETH in January after swapping BTC for ETH at an ETH/BTC rate of 0.0354, when ETH was priced near $3,278; based on these executed prices, the disposal represents a realized profit of roughly $7.79 million.
The report additionally notes the on-chain ETH/BTC rate has moved to 0.0413, reflecting the contemporaneous exchange conditions underpinning this whale ETH sale and associated stablecoin conversion.