BTC swaps for ETH, giant whales once again swap ETH worth 38.84 million dollars
Jan 16, 2026 15:03:03
According to Ember Monitoring, the whale/institution that swapped BTC for ETH the day before yesterday continued today by selling 404 BTC ($38.84 million) into 11,533 ETH through the cross-chain exchange tool THORChain.
In two days, they have swapped a total of 686.1 BTC ($65.17 million) for 19,631 ETH, with an average exchange price of $3,302 for the ETH.
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