BlockBeats News, April 14th, according to ChainNews, a whale transferred its 24,564 ETH to 784.7 BTC 2 hours ago (approximately $58.38 million), with an ETH/BTC ratio of 0.0319.
It appears to be a bet that the ETH/BTC ratio will decrease, allowing them to acquire more ETH when they swap back from BTC to ETH.
