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An early bitcoin holder sells another 1,000 BTC to buy ETH

An early bitcoin holder sells another 1,000 BTC to buy ETH

ForesightNewsForesightNews2025/08/29 19:01
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Foresight News reported, according to monitoring by Lookonchain, an early Bitcoin holder who previously purchased 641,508 ETH (worth approximately $2.94 billions) has become active again. After stopping ETH purchases for two days, this address has just deposited 1,000 BTC (worth about $108 millions) into Hyperliquid, selling Bitcoin and buying ETH spot.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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