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

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

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.