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An Early Bitcoin Holder Deposits 400 BTC into HyperLiquid and Purchases ETH on the Spot Market
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According to Foresight News, Onchain Lens monitoring shows that an early Bitcoin holder deposited 400 BTC (approximately $45.5 million) into HyperLiquid and sold them on the spot market to purchase ETH. The user then bridged the ETH back to the Ethereum network and currently holds 11,744 ETH (approximately $50.57 million).
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