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Summary: In the past two days, a Bitcoin whale sold over 4600 BTC and switched to a long position on Ethereum.

2025.08.22 20:08:32

On August 22nd, based on Spot On Chain's summary, in the past two days, two Bitcoin OG whales who held a total of 100,784 Bitcoins (valued at $640 million) have begun to sell Bitcoin and switch to taking a long position on Ethereum. Their current operations are as follows: 1. Sold 4,621.9 Bitcoins (approximately $5.235 billion) in three wallets at a price of $113,265 per BTC. 2. Purchased and staked 82,398 ETH (approximately $3.5365 billion) at an average price of $4,292, and these were distributed across two wallets. 3. Established long ETH positions totaling 135,265 ETH (worth $5.837 billion) on Hyperliquid across five wallets. The most liquidation prices range from $3,487.4 to $3,612. 4. Still hold 84,645 Bitcoins (worth $9.55 billion) in seven wallets.
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