According to the latest monitoring by on-chain analyst Yu Jin, the price of Bitcoin continues to hit new highs, while the ETH/BTC exchange rate has been steadily declining, attracting market attention. Some Ethereum whales have chosen to exchange ETH for BTC, indicating strong market confidence in Bitcoin.

In the past few days, two Ethereum whales have made significant exchange operations. Address 0xd1e…d0e has exchanged 7,346 ETH for 248.6 WBTC over the past 3 days, with a total value of approximately 22.82 million USD and a transaction price of 91,776 USD per BTC. Another address 0x3ec…19f exchanged 5,980 ETH for 102.1 tBTC and 93 cbBTC just 8 hours ago, with a total value of approximately 18.31 million USD and a transaction price of 93,851 USD per BTC.

These transactions reflect the market's preference for Bitcoin and also reveal the impact of ETH/BTC exchange rate changes on investor decision-making.