A whale sold $9 million worth of Ethereum (ETH) to buy Bitcoin (BTC).
On-chain analysis account Lookonchain October 23 shared on in posta whale Bitcoin did to get Ethereum included its sales.
According to the post, the whale during the day 9 million dollars worth 5,380 ETH 296 Wrapped Bitcoin (WBTC) He traded it for it.
The whale in question spot Bitcoin ETF due to the increased likelihood of approval made this move is considered. The difference is that the whale prefers Bitcoin, which has performed much better during the year than Ethereum. Consider the possibility that it will open brought.
The whale was also spotted last week 10% value winning He believes that the rise in Bitcoin will continue it seems.
But the whale isn’t the only one who thinks this way. Research firm K33 Research recently said, of Ethereum against Bitcoin show poor performance He said he could continue.
According to CoinGecko data, in the last 24 hour period Bitcoin 2.6% with rise 30,710 while trading in dollars etheruem 2.8% with rise 1,680 from dollars finds buyers.