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Crypto

Whale Shifts $173 Million from Bitcoin to Staked Ethereum

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A significant cryptocurrency investor has made a notable move in the market, selling 1,107 Bitcoin (BTC) over the past five days for approximately $86.76 million.

The investor then used about $86.5 million to purchase 34,422 Ether (ETH), staking the entire holding.

According to on-chain analytics firm Lookonchain, this transaction suggests that the whale is continuing to shift funds from BTC into ETH.

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