A certain whale swapped WBTC back to WETH, increasing ETH holdings by 6.45%

WBTC-1,59%
ETH-1,53%

Odaily Planet Daily reports that on-chain analyst Ai Yi monitored that a certain whale (0x455…433E), who had been holding ETH for 4 years at the beginning of the year, recently swapped WETH back to WBTC. The address exchanged 14,145.93 WETH for 492.16 WBTC on January 3rd at a ratio of 0.03479, worth 44.195 million USD; on January 26th, it swapped 578.66 WBTC back to 17,706.74 WETH at a ratio of 0.03268, worth 50.33 million USD. This operation increased its ETH holdings by 6.45%. Currently, the address holds 17,707 WETH and 195.49 WBTC on-chain, with a total value of 67.38 million USD.

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