Lookonchain’s analysis platform drew attention to a 7 -year -old child Bitcoin whale Who bet on ethereum. This comes amid a withdrawal in the encryption market, which witnessed the record of ETH and BTC significant losses.
Bitcoin whale sells $ 76 million to buy Ethereum
in X postLookonchain revealed that a Bitcoin andWhich holds 14,837 BTC ($ 1.69 billion), he sold 670.1 BTC ($ 76 million) and opened long positions 68,130 ETH ($ 295 million). The whale took this step by depositing $ 76 million from BTC to the liquid rise and selling it before going to ETH via four governorates, with a total of 68130 ETH.
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This Bitcoin whale received 14,837 BTC seven years ago, which is worth $ 107.5 million at the time, from HTX and Binance when Bitcoin was trading at $ 7,242. Through this last step, there is a possibility that the whales now turn their attention to Ethereum, where the investor expects a tremendous transfer from the largest altcoin depending on the maximum market.
Moreover, in another x, Lookonchain revealed The Bitcoin whale tried to run it safe on its investments in Ethereum, where they started closing long positions and switching to buy Spot ETH. In this process, the whale provided another 1000 BTC ($ 113.95 million) To HyperLiIID To buy ETH and bought 19794 ETH ($ 85 million)
Meanwhile, Bitcoin OG has also moved to ethereum trade using the leverage again So continue To create a new portfolio and deposited $ 20 million to go to ETH with 6X influence. This has a total whale possession of 78265 ETH ($ 334 million) through five governorates.
More from ethereum buy from Bitcoin Og
the Bitcoin investor continued To double their conviction in Ethereum. The whales have now sold 3,142 BTC (356.47 million dollars) over the past two days. Buy 55,039 ETH (237 million dollars) through immediate trading and opened a center with a length of 135,265 ETH ($ 577 million). Liquid height data He explains that three of the five long positions are currently in profit. The largest of them is an unreasonable gain of more than $ 2 million.
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Lookonchain Monitoring Another Bitcoin Og deposited BTC at HyperleLequid to sell and sell ETH. Data on the series show that this whale received 85,947 BTC ($ 547 million) seven years ago, similar to the previous Bitcoin OG. Based on this, Series analysis platform He made it clear that the whale is likely to be itself. Another whale that was created recently A new portfolio and withdrew 11,950 ETH ($ 51.32 million) from Binance.
At the time of this report, the ETHEREUM price is traded by about $ 4,280, a decrease in the past 24 hours, according to Data From Coinmarketcap.
Distinctive photo of Pixabay, Chart from TradingView.com
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