ETH Whale Converts 14,145 ETH to 492 WBTC After Four-Year Holding

2026-01-03 09:45

A significant Ethereum whale has converted 14,145 ETH, valued at $44.3 million, into 492 Wrapped Bitcoin (WBTC) after holding the assets for four years. The transaction was executed at an exchange rate of 0.03478, equating to an average cost of $90,014 per WBTC. The whale initially accumulated 22,344 ETH from exchanges like Kraken, Bitfinex, and Poloniex in early 2022, at an average price of $2,916 per ETH.

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