An Ancient Whale Sells Another 2,970 BTC and Goes Long on ETH, with Long Positions Exceeding 185,000 ETH
According to ChainCatcher, on-chain data shows that a wallet which withdrew 15,000 BTC from an exchange seven years ago (then worth $95 million) has sold another 2,970 BTC (approximately $334 million) in the past 24 hours, purchased 50,470 spot Ethereum (about $215 million), and opened a long position of 135,263 Ethereum (around $575 million) on Hyperliquid.
As a result, the wallet's total nominal exposure to Ethereum has reached 185,733 ETH (about $790 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nakamoto CEO clarifies that 367 bitcoins were used for DAT investment rather than an actual sale
Citibank and Swift complete pilot for PvP settlement process between fiat and digital currencies
Data: A certain whale increased holdings by 57,000 ETH in a single day, with total holdings reaching $1.21 billions
Trending news
MoreCrypto prices
More
