Bitcoin whale swaps 40 BTC for 1,384.6 ETH on THORChain

A large crypto holder exchanged 40 Bitcoin for 1,384.6 Ethereum valued at about $3.23 million using THORChain (cross-chain liquidity protocol), according to Onchain Lens. The tracking account said the proceeds were subsequently transferred through Tornado Cash (crypto mixing protocol), a service designed to obscure transaction trails on public blockchains. The transaction highlights how cross-chain swaps can move value between major cryptocurrencies without centralized intermediaries, while privacy tools can make later fund flows harder to trace.

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Bitcoin whale swaps 40 BTC for 1,384.6 ETH on THORChain - CoinPost Terminal