A whale that made a profit of 6389 ETH from two ETH/BTC exchange rate transactions once again bet on a decline in the ETH/BTC exchange rate

According to Chain Analyst Ember Monitoring, the ETH/BTC exchange rate has strengthened in the past month, rebound from a low of 0.0252 to the current 0.0285. This year, through two ETH/BTC exchange rate transactions, the giant whale, which made a profit of 6,389 ETH(US$11.34 million) on the currency standard, started the third ETH/BTC exchange rate transaction: selling 4,695 ETH and buying 133.8 BTC, with a selling exchange rate of 0.0285. The whale is betting that the ETH/BTC exchange rate will continue to fall in the future, that is, ETH will rise more slowly or fall more than BTC. The whale has traded ETH/BTC exchange rates in the past two times this year, selling ETH at exchange rates high, and then buying it back after the exchange rate plummeted. The currency standard increased by 6,389 ETH(US$11.34 million) in the two transactions: 22,345 ETH were sold at the beginning of January and exchanged for 774 BTC, and 24,564 ETH were exchanged at the end of January, an increase of 2,219 ETH in the currency standard. In mid-April, 24,564 ETH pieces were sold for 784.7 BTC, and in early June, 28,734 ETH pieces were exchanged for, adding 4,170 ETH pieces to the currency standard.