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

A large holder exchanged Bitcoin for Ethereum worth $131 million over two weeks, using THORChain’s cross-chain trading protocol.

BTC
ETH
RUNE

Summary

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Terms & Concepts
  • THORChain: A decentralized cross-chain trading protocol that enables asset swaps between different blockchains without intermediaries.
  • Crypto Whale: An individual or institution holding a large amount of cryptocurrency, capable of influencing market prices.
  • Cross-chain Swap: The exchange of assets across different blockchains using decentralized protocols.