PANews reported that on-chain analyst @ai_9684xtpa observed a recovery in the ETH/BTC ratio, prompting addresses to bet on BTC as a notable swap of 1,562.7 ETH for 49.39 WBTC occurred.
PANews reported on August 5th that on-chain analyst @ai_9684xtpa noted the ETH/BTC exchange rate rebounding to 0.032, which led some addresses to bet on BTC's price catching up. Three hours earlier, address 0xd47...0562e swapped 1,562.7 ETH for 49.39 WBTC (around $5.81 million) while ETH traded at $3,721 and BTC at $114,627.