Whale swaps $5.86M in BTC for ETH via Thorchain

A whale has swapped 86 BTC, worth approximately $5.86 million, for 2,943 ETH using the decentralized cross-chain protocol Thorchain (RUNE), Onchain Lens reported. The whale's average purchase price for the Ethereum was $1,992. This investor still holds 43.57 BTC (around $2.99 million), leading to market speculation that the remaining balance may also be swapped.