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A certain ancient whale has once again thrown 2970 BTC and gone long on ETH, with their ETH long position now exceeding 185,000 coins.

By: theblockbeats.news|2025/08/21 19:22:09

BlockBeats News, August 22, according to on-chain data, a wallet that moved 15,000 BTC from HTX and Binance 7 years ago (worth $95 million at the time), has sold another 2,970 BTC (about $334 million) in the past 24 hours and purchased 50,470 ETH spot (about $215 million). At the same time, they went long on 135,263 ETH on Hyperliquid (about $575 million).

As a result, their total ETH nominal exposure has reached 185,733 ETH (about $790 million).

Sell-off BTC to go long on ETH Ancient Whale's initial funding source was BitForex, a CEX that was repeatedly criticized by ZachXBT

「Big Brother Whale」's Long Position Loss Narrowed to $8.4 Million