On August 25, according to lookonchain monitoring, an ancient Bitcoin whale that received 100,784 Bitcoins (valued at $642 million at the time, now worth $11.4 billion) all at once seven years ago, is frantically selling BTC to switch to ETH.
In the past 5 days, he deposited approximately 22,769 BTC ($2.59 billion) into decentralized exchanges for sale, then bought 472,920 ETH ($2.22 billion) in spot, and opened long positions of 135,265 ETH ($577 million).
