Two Ancient Bitcoin Whales Sell 9,142 BTC, Purchase 207,584 ETH, and Hold 135,263 ETH Long Positions

BlockBeats News, August 24 — The latest updates on two ancient Bitcoin whales currently reallocating to Ethereum are as follows:

Ancient Whale 1
Sold: 6,000 BTC, valued at approximately $690 million, at a price of $115,000
Bought: 152,494 ETH, valued at approximately $724 million, at a price of $4,750

Ancient Whale 2
Sold: 3,142 BTC, valued at approximately $360 million, at a price of $115,000
Bought: 55,090 ETH, valued at approximately $262 million, at a price of $4,750
Opened Long: 135,263 ETH perpetual contracts, with a notional value of approximately $643 million, at a price of $4,750

Total
Sold: 9,142 BTC, valued at approximately $1.05 billion, at a price of $115,000
Bought: 207,584 ETH spot, valued at approximately $986 million, at a price of $4,750

Total ETH Exposure (Spot + Perpetual): 342,847 ETH, with a notional value of approximately $1.63 billion. Profit and Loss: Currently, the ETH/BTC conversion trades have yielded a profit of about $110 million.