Bitcoin OG deposited approximately 114 million USD worth of BTC into HyperLiquid and purchased 85 million USD worth of ETH in 6 hours

According to HashKey News, Lookonchain monitored that a Bitcoin OG holding 68,130 Ethereum (worth 295 million USD) is closing leveraged long positions and turning to spot purchases of ETH. In the past 6 hours, this address deposited 1,000 Bitcoins (worth 113.95 million USD) into the HyperLiquid platform and purchased 19,794 Ethereum (worth 85 million USD).