A major Ethereum holder has recently converted $9.06 million worth of WETH into WBTC. According to Foresight News, the transaction involved selling 3,437.09 ETH at an average price of $2,637.62 and purchasing 109.61 WBTC at an average price of $82,494.79 over the past 20 minutes. Previously, this address had switched its holdings to earn a 6.45% increase in ETH, and in the second conversion, it gained 9.26 WBTC, equivalent to approximately $810,000.

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