Bitcoin Whale Converts 1,020 BTC ($118M) to ETH — Remaining 777 BTC on Hyperliquid Could Be Final Batch
The post Bitcoin Whale Converts 1,020 BTC ($118M) to ETH — Remaining 777 BTC on Hyperliquid Could Be Final Batch appeared on BitcoinEthereumNews.com.
COINOTAG reported on August 23 that Mlm Monitor identified an on-chain conversion by a Bitcoin whale, transferring 1,020 BTC (roughly $118 million) into ETH. Blockchain records indicate the same wallet retains 777 BTC (about $89.5 million) on the Hyperliquid venue, as captured by the monitoring service. On-chain analytics firms treat such sizable transfers as material data points for liquidity and portfolio allocation analysis; the documented movement is verifiable on-chain and provides concrete flow information for researchers and traders observing whale activity and cross-asset conversion patterns. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/bitcoin-whale-converts-1020-btc-118m-to-eth-remaining-777-btc-on-hyperliquid-could-be-final-batch/
