Odaily Planet Daily reports that according to Ember monitoring, a certain whale or institution today used the cross-chain exchange tool THORChain to convert 282.1 BTC (worth 26.33 million USD) into 8098 ETH, with an ETH exchange rate of 3251 USD. Currently, this address still holds 646.5 BTC (worth 61.68 million USD), and may continue to perform rebalancing operations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
VALR Launches VALR Bitcoin and Gold Bundle (BITGOLD) for Diversified Exposure
[PRESS RELEASE – Johannesburg, South Africa, March 11th, 2026]
VALR, the largest crypto exchange in South Africa by trade volume, today announced the launch of its newest Crypto Bundle, the VALR Bitcoin and Gold Bundle (BITGOLD). This bundle provides investors with simplified exposure to both Bitco
CryptoPotato7m ago
BTC dips below 68,000 USDT, and the 24-hour gain narrows to 1.28%
Gate News message, April 1, according to a CEX quote, BTC fell below 68,000 USDT. It is currently reported at 67,967.8 USDT, and the 24-hour gain has narrowed to 1.28%.
GateNews21m ago
BTC 15-minute drop of 0.66%: Exchange capital net inflows and bearish sentiment from derivatives align, intensifying sell-offs
2026-04-01 13:30 to 13:45 (UTC), BTC fell 0.66% on the short-term move, with the price trading in a range of 67,950.1 to 68,682.1 USDT, oscillating with a range of 1.07%. Short-term market volatility intensified, trading volume increased significantly, and market attention continued to rise. Data from major trading platforms shows that bulls and bears are in fierce competition, with sell pressure dominating the order book.
The main driver behind this abnormal move is that exchange BTC funding saw net inflows; the sudden inflow in 10 minutes exceeded 2,176 coins, reflecting that holders are inclined to sell off in the short term, and that some accounts have clear stop-loss executions and passive flat positions.
GateNews36m ago
BTC Falls Below 68,000 USDT
Gate News bot message, Gate market data shows that BTC breaks below 68,000 USDT, current price 67,950.1 USDT.
CryptoRadar40m ago
Raoul Pal Declares Bitcoin Peak Will Arrive in Q2 2026, Bull Cycle Extension Still in Play
Raoul Pal declares Bitcoin peak will arrive in Q2 2026.
He then explains how the bull cycle extension is still in play.
Several factors point to BTC and altcoin prices surging after a dip.
The crypto market has been in a fierce tug of war debate over bearish vs bullish expectations
CryptoNewsLand47m ago
Hyperliquid whale opens $53M Bitcoin short: Should traders take notice?
Key takeaways:
A Hyperliquid whale’s $53 million Bitcoin short and its bets against silver suggest a cautious outlook for global markets.
Traders remain on edge as the US and Israel-Iran war and upcoming US jobs data drive risk-averse behavior this week.
Bitcoin (BTC) price
Cointelegraph49m ago
