Woofun AI data shows that the ETH/BTC exchange rate has risen from a low of 0.0252 to 0.0285 over the past month. A whale, having previously secured 6,389 ETH in profits, initiated a third trade by selling 4,695 ETH to acquire 133.8 BTC at the current rate.

This move indicates a bet on further ETH/BTC depreciation. The whale’s previous strategy involved selling ETH at highs and buying back after drops: selling 22,345 ETH for 774 BTC in early January and repurchasing 24,564 ETH by month-end gained 2,219 ETH. Similarly, selling 24,564 ETH for 784.7 BTC in mid-April and buying back 28,734 ETH in early June yielded an additional 4,170 ETH.