According to @lookonchain, as the ETH/BTC ratio fell, wallet 0x6e17 swapped 3,900 ETH, about 16.26 million dollars, for 143.26 WBTC at an execution rate of 0.03673, source: Lookonchain on X. Lookonchain shared an Arkham Intelligence explorer link for the address to review the on-chain activity, source: Lookonchain. Traders tracking the ETH/BTC pair can use the reported 0.03673 print as a near-term reference point for relative value and order flow monitoring, source: Lookonchain for the transaction rate.

According to Ai 姨 (@ai_9684xtpa), a major Ethereum whale (address 0xf6d...b0A46) swapped 1533 ETH for 33.8 WBTC four hours ago, resulting in an unrealized profit of $30,000. On-chain data from intel.arkm.com confirms the transaction and current holdings. This sizeable move reflects a potential shift in whale sentiment from ETH to WBTC, which could influence short-term trading volatility for both ETH and WBTC. Traders should monitor on-chain flows for further whale activity and consider possible price impacts on the ETH/BTC trading pair. (Source: @ai_9684xtpa, intel.arkm.com)