ETH/BTC exchange rate rebounds to 0.02855, a giant whale sells $25 million ETH short

--

According to EmberCN monitoring, the ETH/BTC exchange rate rebounded from 0.02524 to 0.02855. A whale exchanged 13708 ETH (approximately $25 million) for 393.4 BTC and shorted ETH/BTC at a rate of 0.02855. The whale adopts a currency based trading strategy, exchanging more ETH after the ETH/BTC exchange rate falls. In the past six months, the giant whale has cumulatively increased its holdings of 6475 ETH, worth approximately $11.78 million, through exchange rate trading.

Loading...