ETH/BTC Drops Below 0.03, Whale Accumulates 27,500 ETH in Position Swap

PANews, October 13 - According to Ai Yi (@ai_9684xtpa), the ETH/BTC exchange rate has fallen below 0.03 for the first time since the start of this round of market movement on August 19. However, the "UBTC-to-ETH whale" continues to add positions: the address added again 10 hours ago, having swapped a total of 837.78 UBTC for 27,501 ETH since the previous day, with a total value exceeding $69.78 million and an exchange rate of 0.03046. At the current exchange rate, this position swap has incurred an unrealized loss of approximately $1 million.