ImportantA Whale Sold 1,601 BTC Within 5 Days and Purchased Over 53,000 ETH

Per on-chain analyst Yu Jin's monitoring, the whale/institution that sold BTC for ETH continued to convert 288.9 BTC into 23.48 million USDC and subsequently purchased 9,820 ETH over the past 24 hours. In total, over the 5-day period, it has sold 1,601.1 BTC for 132 million USDC, then acquired 53,095 ETH at an average purchase price of $2,497.

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