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MCap $2.8T -0.2%24h Vol $87.8T +2.8%Fear & Greed 53/100Alts Index 51/100
BTC.D 59.4% +0.1%Stable.D 9.6% 0%ETH.D 10.7% 0%Others.D 20.3% -0.1%
WAL$0.0569+37.39%•Q$0.0496+27.97%•BTW$2.347+23.28%•AI$0.1028+20.01%•PRL$1.905+14.73%•DEEP$0.0238+12.15%•PYTH$0.0836+5.76%•TRAC$0.4518+5.52%•A$0.1035+4.14%•FLUID$2.445+4.13%•
GRASS$0.6139-16.04%•BAT$0.1684-13.59%•ZAMA$0.0676-13%•CHIP$0.0502-11.85%•OP$0.1406-10.38%•SYRUP$0.2077-10.18%•STRK$0.0772-9.66%•JTO$0.4817-9.51%•CC$0.1144-8.48%•RAY$1.876-8.48%•
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      Whale sells 1,312 BTC for 43,000 ETH over 4 days, sitting on $4.15M unrealized loss

      PANews reported on October 15 that, according to on-chain analyst Yu Jin, a whale/institution has been persistently executing a "sell BTC, buy ETH" strategy: over the past day it sold another 237.8 BTC for 19.7 million USDC and bought 7,929 ETH. Over 4 days it has cumulatively sold 1,312.1 BTC, converted them into 109.1 million USDC, and bought 43,275 ETH at an average ETH purchase price of $2,521, currently sitting on an unrealized loss of about $4.15 million. Its operation path: BTC on the Bitcoin chain is transferred to Hyperliquid and sold for USDC, then withdrawn back to Arbitrum and bridged to Ethereum to buy ETH.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud