Odaily Planet Daily reported that according to Lookonchain monitoring, the ancient BTC whale who had been high-profile in exchanging ETH positions has just transferred another 1,000 BTC to Hyperliquid, worth US$109 million. According to previous trading habits, it is speculated that it is preparing to sell BTC and buy ETH spot.

The whale has purchased 740,570 ETH, worth $3.4 billion, and staked it.