Bitcoin OG Returns to Market with Another Major ETH Purchase Through Hyperliquid

Gate News bot message, A prominent Bitcoin OG trader, who previously acquired 641,508 ETH (valued at $2.94B), has resumed trading activity after a two-day pause. The trader has deposited 1,000 BTC ($108.27M) to Hyperliquid, converting it to ETH spot positions.

Earlier, the trader closed 96,452 ETH ($433M) long positions with a $2.6M profit, immediately followed by spot ETH purchases. Within a 14-hour period, the trader sold 3,968 BTC ($437M) and acquired 96,531 ETH ($443M) in spot trades.

This latest transaction adds to the trader's significant ETH accumulation, totaling 641,508 ETH ($2.94B) over the past week.

BTC-0.19%
OG-0.19%
MAJOR-1.23%
ETH2.07%
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