A Bitcoin whale has sold 35,991 BTC, valued at approximately $4.042 billion, since August 20, according to Lookonchain monitoring. The proceeds were used to purchase 886,371 ETH on Hyperliquid at a conversion rate of 0.0406, totaling around $4.069 billion. The address still holds 49,634 BTC, worth about $5.443 billion, across four wallets.