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A whale spent $12.49 million to buy ETH, after previously cross-chain swapping 411 BTC for ETH.

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ForesightNews
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Jul 7, 2025

According to @ai_9684xtpa monitoring, a certain whale bought 4,862.95 $ETH in two transactions on the chain, with a total value of $12.49 million and a cost of $2,569. The whale's funding source address had previously directly cross-chain swapped 411 $BTC for 17,651.18 $ETH (approximately $46.05 million) through ThorChain on May 21 and May 22, when the $ETH cost was $2,609.14. Subsequently, it sold when $ETH rose, profiting $104,000. [Foresight News]

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