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Large wallet swaps $1.1M worth of Ether for Bitcoin via THORChain cross-chain platform

Market News
09 Nov 2026, 12:36 WIB
Tokenpost
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Neutral
Large wallet swaps $1.1M worth of Ether for Bitcoin via THORChain cross-chain platform

On November 7, a significant cryptocurrency transaction was observed where a large wallet swapped 493.15 Ether (ETH), valued at approximately $1.10 million, for an estimated 14.5 Bitcoin (BTC) worth about $1.09 million through THORChain. At the time, ETH was priced at $2,234 and BTC at $75,737. This swap highlights the use of THORChain, a platform that facilitates asset exchanges across different blockchains, allowing users to trade cryptocurrencies without centralized intermediaries. The transaction was still in progress at the time of observation, so the exact amount of Bitcoin received was an estimate.

The wallet swapping 493.15 Ether for an estimated 14.5 Bitcoin on THORChain is presented here with Pluang's market context as of Nov 09, 2026 17:02 WIB. On that day, out of 50 major cryptocurrencies priced on Pluang, 9 rose and 40 fell. Notable movers included BAL (Balancer) at Rp16.297 with an 11.14% increase, EOS (EOS.IO) at Rp12.649 with an 8.13% increase, and ONE (Harmony) at Rp28 with a 28.01% decrease in price.

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