According to Odaily, blockchain analyst Ai Yi has reported that a whale identified as '0x160...a1cC2' executed two transactions to acquire 4,862.95 ETH, valued at $12.49 million, with a cost of $2,569 per ETH. The funds originated from an address that previously, on May 21 and May 22, utilized ThorChain to directly swap 411 BTC for 17,651.18 ETH, approximately worth $46.05 million. At that time, the cost of ETH was $2,609.14, and the whale subsequently sold the ETH during a price increase, earning a profit of $104,000.

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