Crypto Whale Swaps 1,469 BTC for 43,647 ETH via THORChain

The transaction, valued at $131 million, was executed over two weeks through THORChain, averaging $3,000 per Ether.

BTC
ETH
RUNE

Summary

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Terms & Concepts
  • THORChain: A decentralized liquidity protocol enabling cross-chain cryptocurrency swaps without centralized intermediaries.
  • Whale: A term used to describe an individual or entity that holds large amounts of cryptocurrency, capable of influencing market movements.
  • BTC to ETH Swap: An exchange transaction of Bitcoin for Ether, often executed via crypto trading platforms or decentralized protocols.