Data: A certain whale/institution sold 2,070 BTC in the last 24 hours, bought 30,367 ETH, and opened long positions for 78,000 ETH contracts

According to ChainCatcher news, on-chain analyst Yu Jin has monitored that a whale/institution holding 10,606 BTC for 7 years, with a profit of 1.12 billion USD, has sold 2,070 BTC (235 million USD) in the last 24 hours.

A portion of the funds from the BTC sale was used to buy 30,367 ETH (131 million USD) in spot; another portion was used to open a long position of 78,000 ETH (position value 336 million USD) through contracts. Currently, he still holds 8,437 BTC (960 million USD) and may continue to swap into ETH.