1 min read
Add as a preferred source on Google

Whale or Institution Sells 1,601.1 Bitcoin (BTC), Buys 53,095 Ether (ETH)

In the latest 24 hours, it sold 288.9 BTC for 23.48 million USDC and bought 9,820 ETH. Its five-day average Ether purchase price was $2,497 per ETH.

Mentioned assets
A dark coin sits behind a faceted silver token / TokenPost.ai
A dark coin sits behind a faceted silver token / TokenPost.ai

A whale or institution sold 1,601.1 Bitcoin (BTC) for 132 million USDC and bought 53,095 Ether (ETH) over five days, with purchases averaging $2,497 per ETH.

During the latest 24-hour period, the entity sold 288.9 BTC for 23.48 million USDC while buying 9,820 ETH. Across the full five-day period, its Ether purchases averaged $2,497 per ETH.

The five-day tally extends a prior four-day tally for an unidentified whale or institution. That earlier update listed 1,312.1 BTC sold for 109.1 million USDC and 43,275 ETH bought, including a latest-day portion of 237.8 BTC sold for 19.7 million USDC and 7,929 ETH purchased.

USDC is a dollar-pegged stablecoin, a cryptocurrency designed to track the U.S. dollar.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…