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Data: A whale shorted $25 million worth of the ETH/BTC exchange rate, increasing its holdings by 6,475 ETH over the past six months.

2026-07-13 01:16:25

Abstract generation in progress

Mars Finance news, according to on-chain analyst Yu Jin’s monitoring, the ETH/BTC exchange rate has recently risen from 0.02524 to 0.02855. A certain whale that specifically trades the ETH/BTC exchange rate exchanged 13,708 ETH for 393.4 BTC about half an hour ago, valued at $25 million, and shorted the ETH/BTC exchange rate, with the executed exchange rate at 0.02855. This whale is a coin-denominated trader; if the exchange rate falls, it can convert back into more ETH. Over the past six months, it increased its holdings by 6,475 ETH, valued at $11.78 million, through multiple exchange-rate trades on a coin-denominated basis.

ETH-0.66%

BTC-1.63%

View Original

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