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September 1, 2025 11:35:21 UTC
Bitcoin Whale Swaps $4B BTC for ETH, Still Holds $5.4B in Bitcoin
An OG Bitcoin whale has made a massive shift since August 20, selling 35,991 BTC worth $4.04B and buying 886,371 ETH worth $4.07B on Hyperliquid at a 0.0406 rate, according to Lookonchain. Despite this huge move into Ethereum, the whale still holds 49,634 BTC valued at $5.43B across four wallets, keeping a strong Bitcoin position while diversifying into ETH.