Whale Converts 1,972 BTC to 58,148 ETH via THORChain, Holdings Worth $176M in ETH Since Nov 25

According to EmberCN monitoring, a whale / institution continued its cross-chain rebalancing, swapping 340 BTC for 9,784 ETH via THORChain, a move valued at about $30.42 million.

Since November 25, this whale / institution has cross-chain swapped 1,972 BTC for 58,148 ETH via THORChain, totaling about $176 million, and still holds the position. The reported average cost per ETH is $3,028.