BlockBeats reports that on August 22, according to Lookonchain monitoring, an ancient Bitcoin whale has just deposited 300 BTC (worth $34.78 million) on Hyperliquid, possibly to exchange for ETH.
In just 3 days, he gained $84 million in unrealized profits:
Holds a long position of 135,265 ETH (worth $581 million) with an average entry price of $4,295, with an unrealized profit of $49 million.
Bought 100,979 ETH (worth $430.9 million) at an average price of $4,309, with an unrealized profit of $35 million.