A prominent Bitcoin holder has deposited 1,000 BTC, valued at $109 million, into Hyperliquid, selling the assets to purchase Ethereum. The investor acquired 740,570 ETH, worth approximately $3.4 billion, and has staked the entire amount. This significant transaction was monitored by Lookonchain, highlighting a strategic shift from Bitcoin to Ethereum by the investor.
Bitcoin Whale Sells 1,000 BTC for $109M, Buys and Stakes 740,570 ETH
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