Whale Swaps $10M WBTC for 3,855.2 ETH in Astounding Trading Move

On May 14th, 2023, COINOTAG News reported significant activity from the prominent crypto whale, silentraven, who executed a substantial trade involving 100 WBTC, valued at approximately $10.36 million. This transaction resulted in the acquisition of 3,855.2 ETH, showcasing a robust exchange rate of 0.0252. Over a span of three days, this influential trader has shifted a total of 200 WBTC, translating to about $20.84 million, for an impressive 7,913.9 ETH. Such high-volume trades underscore the growing momentum of Ethereum, as whales capitalize on market fluctuations. Investors are keenly observing these patterns as they reflect deeper insights into investor sentiment and potential market movements.