CoinVoice has recently learned that, according to crypto analyst Ai Yi @ai_9684xtpa, a large investor who built a position of 20.08 million USD in ETH at an average price of 3958 USD on July 28 has swapped their position for WBTC.
This large investor sold 1200 ETH at a price of 4147.86 USD during yesterday's market decline, cashing out approximately 4.97 million USD, with a profit of 228,000 USD; two hours ago, the remaining 3900 ETH were completely exchanged for 143.26 WBTC, when the ETH selling price was 4169 USD and the WBTC buying price was 113,493 USD. [Original link]