A Bitcoin OG Recently Sold 22,769 BTC and Went Long on ETH
According to a report by Jinse Finance, Lookonchain monitoring shows that a Bitcoin OG who acquired 100,784 BTC seven years ago (worth $642 million at the time, now valued at $11.4 billion) is aggressively selling BTC and shifting holdings to ETH. Over the past five days, this individual has deposited approximately 22,769 BTC (worth $2.59 billion) to Hyperliquid for sale, then purchased 472,920 ETH (worth $2.22 billion) in spot trades, and opened a long position of 135,265 ETH (worth $577 million).
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