An Ancient Whale Sells Another 2,970 BTC and Goes Long on ETH, with Long Positions Exceeding 185,000 ETH
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
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).
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Crypto prices
More
Bitcoin
BTC
$76,352.94
-2.63%
Ethereum
ETH
$2,425.34
-2.94%
Tether USDt
USDT
$0.9995
-0.02%
BNB
BNB
$718.52
-0.40%
XRP
XRP
$1.39
-0.49%
USDC
USDC
$0.9999
-0.01%
Solana
SOL
$99.49
-2.29%
TRON
TRX
$0.3362
-1.30%
Hyperliquid
HYPE
$77.45
-2.52%
Zcash
ZEC
$1,125.42
-0.97%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now