ETH/BTC falls below 0.03; a whale has swapped a cumulative 27,500 ETH.

PANews October 13 news, according to Ai Yi (@ai_9684xtpa), the ETH/BTC exchange rate has fallen below 0.03 for the first time since the start of this market cycle on August 19, but the "UBTC-to-ETH whale" is still adding to its position: the address added again 10 hours ago, and since the previous day has cumulatively swapped 837.78 UBTC into 27,501 ETH, with a total value exceeding $69.78 million, at an exchange rate of 0.03046. At the current exchange rate, this swap is already showing an unrealized loss of about $1 million on paper.