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A major wallet completed a large-scale on-chain asset swap over the past two days. The day before yesterday, they first used the THORChain cross-chain tool to throw out 404 BTC (worth approximately $38.84 million) in exchange for 11,533 ETH. Immediately after, they continued operations the next day, with this institutional investor selling a total of 686.1 BTC over the two days, cashing out up to $65.17 million. The total amount of ETH received in exchange reached 19,631, with an average transaction price locked at $3,302 per ETH. This transaction was completed through a THORChain cross-chain swap, reflecting a clear bullish stance on Ethereum by the major investor.