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

By: theblockbeats.news|2025/08/22 12:42:17
0
Share
copy

BlockBeats News, August 22nd, according to Spot On Chain's summary, in the past two days, two Bitcoin OG whales holding a total of 100,784 Bitcoins (worth $640 million) have started selling Bitcoin to switch to 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, distributed across two wallets.

3. Established long ETH positions totaling 135,265 ETH (worth $5.837 billion) on Hyperliquid across five wallets, with most liquidation prices ranging from $3,487.4 to $3,612.

4. Still holding 84,645 Bitcoins (worth $9.55 billion) in seven wallets.

-- Price

--

You may also like

Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness

The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.

The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition

OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.

A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?

Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.

340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by

As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.

Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play

The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.

Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat

Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com