In a notable on-chain transaction, the investor known as ‘silentraven’ has exchanged 100 Wrapped Bitcoin (WBTC) for approximately 3,855.2 Ether (ETH), according to insights from blockchain analyst Yu Jin. This swap, executed roughly an hour ago, is part of a broader accumulation trend seen over the past three days. During this period, ‘silentraven’ has converted a total of 200 WBTC into 7,913.9 ETH, maintaining a consistent exchange rate around 0.0252.
Such movements by large holders often draw attention from the crypto community, potentially signaling shifts in sentiment or positioning strategies within the DeFi space.