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A giant whale reduced its holdings of more than 4000 ETH pieces and converted some of them into WBTC."

Internet reports that an ETH giant whale is reducing its holdings of 4117 ETH units (approximately US$11.37 million) it purchased in 2021, with an expected profit of US$2.45 million. The giant whale bought a total of 7693 ETH units at an average price of US$2167 between February and September 2021. In the past 13 hours, the giant whale converted 2117 ETH into WBTC, and another 2000 ETH have been transferred to Binance. Currently, the giant whale still holds 30797 ETH, most of which are pledged on EigenLayer and ether.fi platforms.

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