Bitcoin OG Transfers $2.59B BTC to ETH in Massive Portfolio Shift

Gate News bot message, a notable Bitcoin OG holder, who received 100,784 BTC (valued at $642M in 2017, currently $11.4B) has executed a substantial asset reallocation.

According to on-chain data, over the past 5 days, the holder deposited approximately 22,769 BTC ($2.59B) to Hyperliquid exchange. Subsequently, they acquired 472,920 ETH ($2.22B) in spot purchases and established a long position of 135,265 ETH ($577M).

BTC-1.76%
OG1.62%
ETH-5.44%
IN1.1%
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Konigivavip
· 08-25 05:16
A review of the recent Ether market, last night Ether reached a short-term support level near 4700.
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