Whale Converts 1,469 BTC to 43,647 ETH via THORChain

On-chain data shows a large holder exchanged nearly $131 million worth of Bitcoin for Ethereum over the past two weeks using THORChain.

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Terms & Concepts
  • THORChain: A decentralized cross-chain liquidity protocol allowing asset swaps between different blockchains without centralized intermediaries.
  • BTC: A common abbreviation for Bitcoin, the leading cryptocurrency by market capitalization.
  • ETH: A common abbreviation for Ether, the native cryptocurrency of the Ethereum blockchain.