A dormant #Bitcoin whale just made a massive pivot — into #E
Satoshi Know How
Updated at: 5 hours ago
{"content":"A dormant #Bitcoin whale just made a massive pivot — into #Ethereum 🐋
This wallet, holding 100k BTC for 7 years, shifted $850M into ETH (spot + derivatives). The bet is already up $100M in unrealized gains as ETH pushes higher.
Spot buy: $270M (62,914 ETH)
Derivatives long: $580M (135,265 ETH)
Extra BTC sent to Hyperliquid for more ETH exposure.
The move mirrors a wider trend: ETH’s spot market share hit its highest since 2017. Capital rotation is real — ETH demand is rising fast. ⏳","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/23/c16719dbd418b65d3a8272753a6a79a6.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}