Data: Ancient Bitcoin Whale Deposits Another 300 BTC, May Continue Swapping for ETH

According to ChainCatcher, as monitored by Lookonchain, an ancient Bitcoin whale has just deposited another 300 BTC (worth $34.78 million) into Hyperliquid, possibly to rotate into ETH.

In just three days, this whale has gained $84 million in unrealized profits:

Holding a long position of 135,265 ETH ($581 million) with an average entry price of $4,295, resulting in an unrealized profit of $49 million.

Purchased 100,979 ETH ($435 million) in spot at an average price of $4,309, with an unrealized profit of $35 million.