Whale Swaps 69.07 WBTC for 2,881 ETH, Securing $368K Profit on Wrapped Bitcoin

ETH

ETH/USDT

$2,113.64

-7.22%

$2,113.64

-7.22%

(24s)

24h Volume

$37,939,871,804.04

24h H/L

$2,293.99 / $2,068.20

Change: $225.79 (10.92%)

Long/Short

79.4%

Long: 79.4%Short: 20.6%

Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,087.22

▼ -2.84%

Volume (24h): -

Resistance Levels

Resistance 3$2,820.15

Resistance 2$2,294.17

Resistance 1$2,149.26

Price$2,087.22

Support 1$2,068.20

Support 2$1,940.12

Support 3$1,532.78

Pivot (PP):$2,109.73

Trend:Downtrend

RSI (14):22.5

Mars Finance reports that an Onchain Lens analysis revealed a significant transaction involving a crypto whale. The investor liquidated 69.07 WBTC, valued at approximately US$7.49 million, and subsequently acquired 2,881 ETH at an average price of US$2,600 per token. This strategic move resulted in a realized profit of around US$368,000 from the WBTC holdings. Such large-scale asset reallocations underscore the dynamic nature of institutional activity within the cryptocurrency market, reflecting ongoing portfolio optimization amid evolving market conditions.