‘UBTC’ whale swaps another 13,036 ETH in 24 hours
- —13,036.32 ETH ($32.59M) swapped in the past 24 hours
- —Cumulative rotation since Oct. 11 tops 39,832.76 ETH
- —Total value of the swaps exceeds $100 million
Why it matters: Large BTC-to-ETH rotations can signal shifting preferences among major holders and affect relative demand for the two assets.
Source: PANews