According to EmberCN monitoring, a whale / institution continued its cross-chain rebalancing, swapping 340 BTC for 9,784 ETH via THORChain, a move valued at about $30.42 million.
Since November 25, this whale / institution has cross-chain swapped 1,972 BTC for 58,148 ETH via THORChain, totaling about $176 million, and still holds the position. The reported average cost per ETH is $3,028.
Source: https://en.coinotag.com/breakingnews/whale-converts-1972-btc-to-58148-eth-via-thorchain-holdings-worth-176m-in-eth-since-nov-25
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