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A certain whale/institution has sold 2,070 BTC in the past 24 hours and bought 30,367 ETH, opening long positions for 78,000 ETH in contracts.

By: theblockbeats.news|2025/08/21 15:42:12

BlockBeats News, August 21st, according to on-chain analyst Wu Ji monitoring, a whale/institution holding 10,606 BTC for 7 years has realized a profit of $1.12 billion. In the past 24 hours, they have sold 2,070 BTC ($235 million).

Part of the proceeds from the BTC sale were used to buy 30,367 ETH ($131 million) spot; part of it was used to open a long position of 78,000 ETH through contracts (position value of $336 million). They still hold 8,437 BTC ($960 million) and may continue to shift to ETH.

A certain Bitcoin whale deposited 20 million USDC into HyperLiquid and went long on ETH with 6x leverage

Federal Reserve Harker: Based on the current data, there will be no rate cut in September