The ETH/BTC ratio has dropped to 0.03878, impacting a major Bitcoin holder who had acquired 886,371 ETH. This amount of Ethereum can now only be exchanged for 34,373 BTC, marking a loss of over 1,600 BTC, equivalent to approximately $177 million. The decline in the ratio reflects the shifting dynamics between the two leading cryptocurrencies.
ETH/BTC Ratio Declines, Resulting in Significant Loss for Bitcoin Holder
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