A giant whale shorted the $25 million ETH/BTC exchange rate, adding 6,475 ETH in the past six months

Comparative news, according to on-chain analyst Ember Monitoring, the ETH/BTC exchange rate recently rebounded from 0.02524 to 0.02855. A giant whale that specializes in ETH/BTC exchange rate trading exchanged 137.08 million ETH for 393.4 BTC, worth 25 million US dollars, and shorted the ETH/BTC exchange rate. The transaction exchange rate was 0.02855. This giant whale is a coin-based trader. If the exchange rate falls, it can be exchanged for more ETH; over the past six months, the coin-based currency has increased by 6475 ETH through multiple exchange rate transactions, worth $11.78 million.