
Anonymous whale swaps 246 BTC for 8,286 ETH in $20.64M trade
- —246.25 BTC sold for 8,286 ETH in one session
- —Each leg of the trade priced at $20.64 million
- —Swap flagged by on-chain tracker Lookonchain
- —Trade came as bitcoin's price slipped
Why it matters: Large BTC-to-ETH rotations by whales can signal shifting institutional preferences and add pressure on bitcoin's price.
Source: Coinotag