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A bitcoin OG recently sold 22,769 BTC and bought long ETH.

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2025-08-25 06:00:20
According to Lookonchain, Bitcoin OG, which received 100,784 BTC (then worth $642 million, now worth $11.40 billion) seven years ago, is frantically selling BTC in favor of holding ETH.
Over the past five days, it deposited approximately 22,769 BTC (valued at $2.59 billion) into Hyperliquid to sell, then bought 472,920 ETH (valued at $2.22 billion) in stock and took a long position of 135,265 ETH (valued at $577 million).
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