PANews reported on February 19 that according to on-chain analyst Ember’s monitoring, although the ETH/BTC exchange rate has fallen to 0.028, there are still whales that are looking down on the ETH/BTC exchange rate: a whale has withdrawn a total of 1,444 cbBTC (about US$138 million) from Coinbase in the past two weeks, and then deposited it into Aave as collateral to borrow 29,025 ETH (about US$77.6 million) and then transferred it to Coinbase.
The ETH/BTC exchange rate has fallen to 0.028, and there are still whales looking down on the ETH/BTC exchange rate
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