High-Profile Bitcoin Ancient Whale Swaps ETH, This Morning Staking 544,981 ETH to Become Ethereum's Largest Individual Holder
BlockBeats News, August 26th, according to @mlmabc monitoring, the high-profile whale who switched from BTC to ETH has now sold a total of 22,142 BTC on Hyperliquid, worth $2.48 billion. Additionally, four days before starting to move to ETH, they also sold 3,000 BTC (approximately $336 million) via over-the-counter (OTC) trading.
The whale has accumulated a total of 544,977.69 ETH, worth $2.45 billion (calculated at BTC price $112,000 and ETH price $4,500). As of the time of writing, the whale has staked the 544,981 ETH they hold.
According to Arkham's data, the whale's total ETH holdings currently represent 0.452% of the total supply, making them one of the largest individual holders globally, with more ETH holdings than Bybit and Bitstamp, and over twice as much as Vitalik. Their holdings currently rank third, behind only Bitmine and SBET.
You may also like
Gainers
Latest Crypto News
Sushi CEO Announces Resignation to Become Advisor, Solidity.io Founder Alex McCurry to Take Over as CEO
Circle Issues an Additional 1 Billion USDC on the Ethereum Network
US Crypto Stocks Experience General Decline, MSTR Drops by 6.15%, BMNR Drops by 7.91%
Hats.finance has announced the gradual discontinuation of its custodial operation services, citing the market size not growing as expected and the share being eroded by AI security tools.
The Federal Reserve's interest rate cut probability in December is close to 90%, and the market will pay close attention to the "dot plot" to speculate on the interest rate trajectory through 2026.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]