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Bitcoin OG Swaps $215M BTC for ETH, Total ETH Holdings Reach $4.07B
Gate News bot message, a prominent Bitcoin OG has executed another significant asset conversion, selling 2,000 BTC (valued at $215M) to acquire 48,942 ETH ($215M) in spot trading during a 4-hour period.
The trader’s total Ethereum accumulation has now reached 886,371 ETH, with a total value of $4.07 billion. Prior to this transaction, Lookonchain reported that the same trader had deposited 1,000 BTC ($108.08M) into Hyperliquid for ETH spot purchases, having previously accumulated 837,429 ETH ($3.85B).