TechFlow News: On January 26, on-chain analyst Ai Aunt (@ai 9684xtpa) observed that an investor previously converted 14,145 WETH (approximately $44.195 million) into 492.16 WBTC on January 3, when the ETH/BTC exchange ratio stood at 0.03479. Subsequently, on January 26, the investor exchanged 578.66 WBTC back into 17,706.74 WETH (approximately $50.33 million), at a reduced exchange ratio of 0.03268. This transaction resulted in a net increase of 6.45% in the investor’s ETH holdings.
The whale initially established their ETH position in early 2022, with an average cost of approximately $2,916—significantly lower than the current market price. As of now, this address holds 17,707 WETH and 195.49 WBTC, with total assets valued at approximately $67.38 million.
