BlockBeats news, on August 20, according to on-chain analyst Ai Yi (@ai_9684xtpa), a large holder who built a position of 20.08 million USD in ETH at an average price of 3958 USD at the end of July is swapping to WBTC.

Yesterday, he sold 1200 ETH (4.97 million USD) directly at 4,147.86 USD, making a profit of 228,000 USD; the remaining 3900 ETH was fully exchanged for 143.26 WBTC two hours ago, with ETH selling price at 4169 USD and WBTC buying price at 113,493 USD.