Foresight News reports that, according to @ai_9684xtpa's monitoring, a sleeping BTC ancient whale that has been dormant for seven years is making a high-profile asset swap from BTC to ETH through Hyperliquid. In less than a week, this whale has swapped part of its BTC for 71,108 ETH, worth approximately $304 million; at the same time, it has leveraged about $578 million worth of ETH through five addresses, holding 135,265 ETH, currently facing an unrealized loss of about $2.13 million. If this address were to convert all 85,859 BTC into ETH, it could directly buy its way to the top of the on-chain holdings leaderboard, surpassing BMNR.

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