[A Whale Switches from ETH to BTC After 4 Years of Holding] On-chain data analysis shows that a whale who held ETH for 4 years today exchanged 14,145 ETH (approximately $44.3 million) for 492 WBTC at an exchange rate of 0.03478, with an average cost of $90,014 per WBTC. This address had previously withdrawn and accumulated 22,344 ETH (approximately $65.15 million) from platforms such as Kraken, Bitfinex, and Poloniex at the beginning of 2022, with an average withdrawal price of $2,916 per ETH.