A Bitcoin whale sold BTC and went long on ETH, now making a profit of over $160 million

According to Onchain Lens, as the price of ETH breaks through new highs, a Bitcoin OG is selling BTC and going long on ETH. He has now made a floating profit of over $160 million:

- Spot: 118,277 ETH held, valued at $571.24 million, with a floating profit of approximately $87 million

- Contracts: Holding a long position of 135,265 ETH, worth US$653.29 million, with a floating profit of approximately US$73 million.

Spot address:

- 0x079433Ee99C5dF344Fa9836c8cc6F64E6c4859b6

- 0x4116812b89749563d40B0ffC187Db7ce668711Cb