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    Home » Ethereum whale offloads $4.31M in ETH, swaps for DAI and WBTC amid market volatility
    News 3 days ago

    Ethereum whale offloads $4.31M in ETH, swaps for DAI and WBTC amid market volatility

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    14-6-2025 – On-chain analyst Ai Yi from BlockBeats has revealed that a significant Ethereum holder, identified by the wallet address starting with 0x55D, has offloaded 1,692 ETH in the last eight hours. The transactions, totalling approximately $4.31 million, reflect an average selling price of $2,547 per Ether, underscoring the whale’s strategic moves in a volatile market.

    The disposal was executed with precision: 1,292 ETH were swapped directly for DAI, a stablecoin pegged to the US dollar, suggesting a possible shift towards stability amid market fluctuations. Meanwhile, the remaining 400 ETH were exchanged for Wrapped Bitcoin (WBTC), indicating a diversification strategy that retains exposure to cryptocurrency while pivoting to Bitcoin’s ecosystem.
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