US EditionRotation of Whale “Og” to Ethereum Sank to Bitcoin Under Usd $115,000
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The cryptocurrencies market has rekindled alarms after the new movement of one of the most watched Bitcoin whales in the ecosystem. According to on-chain data, this whale, known as “OG” for having kept its BTC inactive for years, deposited 1,176 BTC (equivalent to $136.2 million) in the decentralized Hyperliquid exchange over the weekend. Most strikingly, this deposit arrives only weeks after the same investor exchanged 35,991 BTC ($4.04 billion…
The whale in question has traded more than $4 billion in Bitcoin for Ethereum in recent weeks. Today it made a new sale of bitcoins that immediately impacted the market. *** The old whale deposited $1,176 BTC in Hyperliquid and started selling them for ETH. Over the past few weeks, it has changed more than $4 billion Bitcoin to Ethereum. Other headlines have also been rotating as ETH surpasses BTC’s performance. Bitcoin slipped Monday below $115…
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