BTC for ETH? Whale Swaps $17.88M Despite High Costs

In a bold move that's got the market talking, whale wallet 0x27094ef233a99337886989ac32C3e792f0FbEdfE has just exchanged 235.34 $BTC (worth $17.88 million) for 9,529.64 $ETH via THORChain over the past 24 hours.

The most recent transaction happened just 5 hours ago, and what's surprising is the effective #ETH cost—a steep $1,877 per ETH, likely due to significant slippage and swap fees.

Is this a strategic bet on #Ethereum outperforming Bitcoin, or just a shift in long-term conviction? Either way, the whale seems all-in on ETH.