Whale Swaps 561.8 WBTC for 13,681 ETH, Now Holds $162M in Ethereum

On September 30, COINOTAG reported a significant movement in the crypto market. According to on-chain data expert Yu Jin, a whale address swapped 561.8 WBTC for 13,681 ETH, equating to approximately 35.89 million USD. As of now, this address possesses a total of 61,676 ETH, valued around 162 million USD, acquired at an average rate of 1,861 USD per ETH. It’s notable that this whale’s last major transaction was in late May 2022, when they spent 79.94 million USD to purchase 42,441 ETH.