At the beginning of the year, Whale exchanged 220 BTC for ETH and suffered a floating loss of 8.37 million US dollars. Recently, it has started frequent operations and lost another 105 ETH

星球日报
星球日报|Jun 26, 2025 04:42
Odaily Planet Daily News: According to the monitoring of Ashes, at the beginning of the year, Whales exchanged 220.1 cbBTC (approximately $20.81 million) for 6202.4 ETH at an exchange rate of 0.0354. At that time, BTC was priced at $94548 and ETH was priced at $3355. If the address holds coins until now, its BTC holdings will appreciate to about $23.72 million, while ETH's current value is only $15.35 million, with a floating loss of up to $8.37 million on paper. More noteworthy is that the address has recently launched a new round of band operations: four days ago, it sold 3158 ETH at a price of $2378 to exchange for approximately 7.51 million DAI, and then repurchased 3053 ETH with this DAI at a price of $2460 three hours ago today. This round of operation resulted in a loss of 105 ETH (approximately $260000).
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