1. **Recent ETH Purchase (Current Transactions):**
- **Whale Address:** `0x160...a1cC2`
- **ETH Acquired:** 4,862.95 ETH
- **Total Cost:** $12.49 million
- **Price per ETH:** $2,569
- **Funds Source:** Linked to an address that previously swapped BTC for ETH in May.
2. **Previous BTC-to-ETH Swap (May 21–22):**
- **BTC Swapped:** 411 BTC
- **ETH Received:** 17,651.18 ETH
- **ETH Value at Time:** ~$46.05 million
- **Price per ETH (May):** $2,609.14
3. **Profit from ETH Sale:**
- The whale sold the 17,651.18 #Ethereum ETH during a price uptrend.
- **Profit Earned:** $104,000 (likely from the difference between buy and sell prices).
### Observations:
- The whale appears to be actively managing ETH holdings, buying at lower prices and capitalizing on market movements.
- The recent purchase at $2,569/ETH is slightly cheaper than the May acquisition ($2,609/ETH), suggesting a strategic accumulation.
- The $104,000 profit is relatively modest given the scale (~0.2% return), possibly indicating a short-term trade or partial exit.
**"Crypto Whale Strategically Accumulates #ethETH: $12.5M Purchase After $104K Profit from ThorChain Swap"
**ThorChain Usage:** The whale used ThorChain (a cross-chain DEX) for the #BTC BTC-to-ETH swap, highlighting decentralized tools for large transactions. $BTC
- **Market Timing:** The whale sold ETH during a rally, demonstrating responsiveness to price fluctuations. $ETH
This activity reflects sophisticated on-chain trading strategies by large holders ("whales") in volatile crypto markets.