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A Bitcoin OG recently sold 22,769 BTC and bought long ETH

A Bitcoin OG recently sold 22,769 BTC and bought long ETH

Cointime2025/08/25 06:05
By: Cointime
BTC-0.24%OG-4.52%ETH-1.63%

 according to Lookonchain monitoring, Bitcoin OG, who obtained 100,784 BTC 7 years ago (valued at 642 million US dollars at the time, now valued at 11.4 billion US dollars), is crazily selling BTC and instead holding ETH. In the past 5 days, they have deposited about 22,769 BTC (valued at 2.59 billion US dollars) into Hyperliquid for sale, then bought 472,920 ETH (valued at 2.2 billion US dollars) spot, and opened a long position of 135,265 ETH (valued at 577 million US dollars).

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.
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