BITCOIN WHALE DUMPS BILLIONS FOR ETH, BUT $5 BILLION SELLOFF STILL LOOMS
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✍️ A Bitcoin 'OG' whale has been rotating billions of dollars' worth of BTC into ETH over the past two weeks, executing trades on Hyperliquid and staking a significant portion on the Beacon Chain.
👉 The whale has sold 34,110 BTC (≈$3.7 billion) and purchased 813,298.84 ETH (≈$3.66 billion) over the past 11 days. 👉 The trades were executed on Hyperliquid, with large tranches of ETH withdrawn to self-custody and staked on the Beacon Chain. 👉 The whale's identity is unknown, but some speculate it may be Asian due to the original BTC being accumulated via Asia-linked platforms and miners.
-- #MLM #MoonOverlord #Asia #Hyperliquid #technology
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