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# InstitutionsIncreasingPositionsInBTCAndETH
27
Recently, multiple whales/institutions have been continuously swapping BTC for ETH. Over 19 days, approximately 1,972 BTC were exchanged for 58,148 ETH (valued at $176 million), with an average ETH cost of $3,028. Meanwhile, some institutions continue accumulating BTC. Market shows divergent allocation strategies for these two major cryptocurrencies.
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