Major Bitcoin Holder Sells $76M BTC and Opens Large ETH Long Positions

Gate News bot message, a significant Bitcoin holder with 14,837 BTC ($1.69B) executed a notable trading move by selling 670.1 BTC ($76M) and simultaneously establishing substantial long positions in Ethereum.

According to transaction data, the trader deposited 670.1 BTC ($76M) to Hyperliquid platform within a 20-hour timeframe. Following the BTC sale, the trader opened long positions totaling 68,130 ETH ($295M) distributed across four different wallets.

BTC-1.55%
MAJOR3.98%
ETH-2.45%
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