A whale address that swapped BTC for ETH in January sold 3,054 ETH in the past hour

BlockBeats News, August 25 — According to on-chain data analyst Yu Jin, a whale address that exchanged BTC for ETH at a rate of 0.0354 this January has sold 3,054 ETH at a price of $4,534 each in the past hour, converting them into 13.847 million DAI.

It is reported that when this address exchanged for ETH in January, the price was $3,278. The whale has now made a profit of $7.79 million, and the ETH/BTC exchange rate has also risen to 0.0413.