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「Bitcoin Ancient Whale」 sold another 300 BTC to increase their ETH position 1 hour ago

By: theblockbeats.news|2025/08/23 03:52:14

BlockBeats News, August 23rd. According to LookIntoChain monitoring, a whale/institution holding 10,606 BTC for 7 years has made a profit of $1.12 billion. One hour ago, they once again transferred 300 BTC (approximately $34.86 million) to sell on Hyperliquid to switch to ETH.

Currently, they hold a long position of 135,265 ETH (approximately $581 million) with an average entry price of $4,295, showing a profit of $58 million. They bought 122,226 ETH (approximately $535 million) in spot transactions at an average price of $4,377, with a profit of $42 million.

Tom Lee: Ethereum Market Cap Has a High Probability of Surpassing Bitcoin

After 3 years of dormancy, a certain whale address transferred 3500 BTC, realizing a profit of $305 million.