Two Ancient Bitcoin Whales Sell 9,142 BTC, Purchase 207,584 ETH, and Hold 135,263 ETH Long Positions
BlockBeats News, August 24 — The latest updates on two ancient Bitcoin whales currently reallocating to Ethereum are as follows:
Ancient Whale 1
Sold: 6,000 BTC, valued at approximately $690 million, at a price of $115,000
Bought: 152,494 ETH, valued at approximately $724 million, at a price of $4,750
Ancient Whale 2
Sold: 3,142 BTC, valued at approximately $360 million, at a price of $115,000
Bought: 55,090 ETH, valued at approximately $262 million, at a price of $4,750
Opened Long: 135,263 ETH perpetual contracts, with a notional value of approximately $643 million, at a price of $4,750
Total
Sold: 9,142 BTC, valued at approximately $1.05 billion, at a price of $115,000
Bought: 207,584 ETH spot, valued at approximately $986 million, at a price of $4,750
Total ETH Exposure (Spot + Perpetual): 342,847 ETH, with a notional value of approximately $1.63 billion. Profit and Loss: Currently, the ETH/BTC conversion trades have yielded a profit of about $110 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.
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