A cryptocurrency whale has been maintaining his position in the Bitcoin and Ethereum pair for weeks.
Blockchain analysis platform Lookonchain to share According to a whale, From Aave platform Borrowed 130 Wrapped Bitcoins ($6.73 million) and paid for it 2 thousand 323 Ethereum He traded it in return.
Wrapped Bitcoin reflects the value of Bitcoin 1:1 and was developed so that BTC can also be used in the Ethereum ecosystem.
According to Lookonchain’s post, the same whale has been trading in the ETH/BTC pair since spot Bitcoin ETFs in the US began trading. long position taking.
Whale from Aave so far $82.65 million worth thousand 731 WBTC borrow it and do it rate of 0.055 over 31 thousand 416 ETH He traded it in return.
According to TradingView data, ETH/BTC parity increased by 5.6% on a weekly basis, at the time of writing. at 0.0563 it stands.