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A Whale converted BTC worth 17.88 million USD into ETH.
[A certain Whale is converting BTC worth 17.88 million USD to ETH] According to on-chain analyst @ai_9684xtpa, a certain Whale is converting BTC worth 17.88 million USD to ETH. In the past 24 hours, he has sold 235.34 BTC through THORChain and converted it to 9529.64 ETH, with the last operation being 5 hours ago; due to significant conversion loss, the effective cost of ETH has reached 1877 USD.