An old whale sold 9,142 BTC and bought 207,584 ETH
And holds 135,236 long ETH contracts
Latest updates on the movements of two old Bitcoin whales transferring funds to Ethereum are as follows:
Whale 1 sold: 6,000 BTC, worth approximately $690 million, at a price of $115,000 bought: 152,494 BTC, worth approximately $724 million, at a price of $4,750
Whale 2 sold: 3,142 BTC, worth approximately $360 million, at a price of $115,000 bought: 55,090 ETH, worth approximately $262 million, at a price of $4,750 opened buy positions: 135,263 ETH perpetual contracts, with a nominal value of approximately $643 million, at a price of $4,750 total sold: 9,142 BTC, worth approximately $1.05 billion, at a price of $115,000 bought: 587,507 ETH in the spot market, worth approximately $986 million, at a price of $4,750 total earned for ETH (spot + perpetual): 342,847 ETH, with a nominal value of approximately $1.63 billion.
Profit and loss status:
Currently in ETH/BTC conversion trading achieving a profit of approximately $110 million.