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A certain whale sold 24,564 ETH to switch into 784.7 BTC
Mars Finance reports that on April 14, according to Yu Jin Monitoring, a whale swapped its 24,564 ETH holdings for 784.7 BTC ( for around 58.38 million USD ) about 2 hours ago. The ETH/BTC ratio is 0.0319. It should be betting that the ETH/BTC ratio will fall, so when it converts BTC back to ETH again, it can buy more ETH.