Golden Finance reported that, according to Ember monitoring, a certain whale/institution holding 10,606 BTC for 7 years with a profit of 1.12 billion USD has now sold 3,100 BTC (worth 348 million USD) and purchased 50,522 ETH spot (worth 213 million USD). In addition, it has spent 120 million USD in margin to go long on 135,000 ETH with an overall leverage of 5 times, and currently still holds 7,537 BTC (worth 846 million USD).