Markets· ★★★· neutral·

Whales Sell Bitcoin and Accumulate Ether in Multi-Million-Dollar Trades

  • —An anonymous whale sold 246.25 BTC for $20.64 million and bought 8,286 ETH for the same amount
  • —Over 11 days the wallet sold 1,917.7 BTC worth $159 million and bought 64,545 ETH for $155 million
  • —A second whale bought $7.22 million of ETH and altcoins in 24 hours, including LIT, ENA and ONDO
  • —Four new wallets received 1,127 BTC worth $93.45 million from Wintermute
Why it matters: Capital rotating from BTC into ETH and altcoins may signal a shift in risk appetite as the broader market sells off.
#BTC#ETH#LIT#ENA
Source: Cryptonews.net
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