BTC market share weekly decline, switching to ETH may become a trend
A certain ancient BTC whale has transferred out another 6,000 BTC (worth approximately 689.5 million USD), according to Lookonchain news. This fund will be used to switch to ETH.
As of now, this whale has accumulated a total of 278,490 ETH, with a total investment of approximately 1.28 billion USD, and the average holding cost of ETH is 4,585 USD. In addition, it still holds 135,265 ETH, corresponding to approximately 581 million USD in perpetual contract long positions.