ETH/BTC EXCHANGE RATE REBOUNDED TO 0.02855, AND A GIANT WHALE SOLD $25 MILLION WORTH OF ETH TO EMPTY

ON 13 JULY, THE ETH/BTC EXCHANGE RATE RECENTLY REBOUNDED FROM 0.02524 TO 0.02855, ACCORDING TO THE CHAIN ANALYST AFTER-EFFECT MONITORING. A WHALE SPECIALIZING IN ETH/BTC EXCHANGE RATE TRANSACTIONS CONVERTED 13,788 ETH (APPROXIMATELY $25 MILLION) TO 393.4 BTCS HALF AN HOUR AGO, AT AN EXCHANGE RATE OF 0.02855. USING A CURRENCY-BASED TRADING STRATEGY, THE WHALE IS BEHIND THE ETH/BTC EXCHANGE RATE FOR MORE ETH. OVER THE PAST SIX MONTHS, IT HAS ACCUMULATED 6,475 ETHS THROUGH MULTIPLE EXCHANGE RATE TRANSACTIONS, VALUED AT APPROXIMATELY $11.78 MILLION AT CURRENT PRICES。