A certain Bitcoin ancient Whale reduced its long positions by 295 million USD in ETH, continuously selling BTC to exchange for ETH.

On August 21, according to Lookonchain monitoring, this morning, an ancient whale selling 550 Bitcoins leveraged long on Ethereum is reducing its holdings of 68,130 ETH (approximately 295 million USD) long order and switching to buying ETH spot. In the past 6 hours, it has deposited 1,000 BTC (approximately 113.95 million USD) into Hyperliquid to purchase ETH, and so far has bought 19,794 ETH (approximately 85 million USD).

BTC-0.51%
ETH1.91%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)