An address cluster described by BlockBeats as the “UBTC-to-ETH whale” reportedly swapped Bitcoin for 3,038.73 ETH worth about $7.5 million over the past hour. The report cited on-chain analyst Ai 姨 (@ai_9684xtpa).
Reported accumulation since Oct. 11
BlockBeats said the cluster used three addresses and returned to the trade five days after its previous swap. Since Oct. 11, it was reported to have accumulated more than 46,103.3 ETH, valued at over $115 million, at an average swap price of $2,513.11.
The flash did not provide transaction hashes, complete addresses or an execution venue. The figures are therefore attributed on-chain monitoring, and they do not establish common ownership, trading intent or realized profit.