At the beginning of the year, a "whale that had held ETH for 4 years and then switched to WBTC" exchanged 578.66 WBTC for 17706.74 WETH.

PANews reported on January 26 that, according to on-chain analyst @ai_9684xtpa, the "whale that held ETH for 4 years and then switched to WBTC" has switched back to WETH at the beginning of the year.

January 3: Exchanged 14,145.93 WETH for 492.16 WBTC (US$44.195 million), with an ETH/BTC exchange rate of 0.03479.
January 26: Exchanged 578.66 WBTC for 17706.74 WETH (US$50.33 million), with an ETH/BTC exchange rate of 0.03268.

This operation increased his ETH holdings by 6.45%. He currently holds 17,707 WETH and 195.49 WBTC on the blockchain, with a total value of $67.38 million.

At the beginning of the year, a "whale that had held ETH for 4 years and then switched to WBTC" exchanged 578.66 WBTC for 17706.74 WETH.

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