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Bitcoin OG Converts $291.75M BTC to ETH, Accumulates Over 153K ETH
Gate News bot message, a significant cryptocurrency asset movement occurred as a Bitcoin OG transferred 2,520 BTC (valued at $291.75 million) to HyperLiquid, converting it to ETH. Following this transaction, the OG's ETH holdings reached 153,320 ETH, equivalent to $724.1 million.
According to Onchain Lens, prior to this conversion, the Bitcoin OG's ETH portfolio included 118,277 ETH worth $571.24 million in spot holdings, generating approximately $87 million in floating profits. Additionally, the OG maintained a long position of 135,265 ETH in perpetual futures.