# Wallet Was Swapping 493.15 Ether for Estimated 14.5 Bitcoin on THORChain

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/52217
Published: 2026-11-09T10:36:11.000Z
Updated: 2026-11-09T10:36:11.000Z
Section: Investing

> The Ether was valued at about $1.10 million, while the estimated Bitcoin output was worth about $1.09 million at the time of the observation.

At the time of a Nov. 7 ET observation, a large wallet was swapping 493.15 Ether (ETH) for an estimated 14.5 Bitcoin (BTC) through THORChain.

The Ether was valued at about $1.10 million, while the estimated Bitcoin output was worth about $1.09 million. ETH was priced at $2,234 and BTC at $75,737 at the time of the observation. The swap was still in progress, leaving the BTC amount as an estimate.

THORChain enables swaps between assets on different blockchains.