PANews reported on January 31 that, according to on-chain analyst Ai Yi, a whale who had been holding ETH for 4 years and then switched to WBTC, exchanged $9.06 million worth of WETH for WBTC. In the past 20 minutes, he sold 3437.09 ETH at an average price of $2637.62 and bought 109.61 WBTC at $82494.79. Previously, his first switch earned him 6.45% of his ETH holdings, and his second switch earned him 9.26 WBTC (approximately $810,000).