7-year-old Wallet strikes again: dumping 2970 BTC, making a large purchase of ETH

[Block Rhythm] On August 22, according to on-chain data, a Wallet that withdrew 15,000 BTC from a certain trading platform 7 years ago (worth 95 million USD at that time) has sold 2,970 Bitcoins (approximately 334 million USD) in the past 24 hours and bought 50,470 Ethers in Spot (approximately 215 million USD), while going long on 135,263 Ethers on a certain platform (approximately 575 million USD).

As a result, his total nominal exposure to Ethereum reached 185,733 coins (approximately 790 million USD).

BTC4.1%
ETH14.54%
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FortuneTeller42vip
· 22h ago
eth bull run is coming
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New_Ser_Ngmivip
· 22h ago
Is this the operation? Stupid coin
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NFTArtisanHQvip
· 22h ago
fascinating paradigm shift... the aesthetic arbitrage between btc and eth speaks volumes about market narratives
Reply0
LiquidationTherapistvip
· 22h ago
Is the theory of BTC dropping to zero stirring again?
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BearMarketMonkvip
· 22h ago
The big fish can no longer hold back; the market's emptiness period is the real opportunity.
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MEVHuntervip
· 22h ago
Every day, the efficiency guy who stares at the mempool has the biggest desire to accurately calculate every arbitrage opportunity, attacking the arbitrage trap to da moon.

Here is the answer:

Tsk tsk, the old Wallet still has some tricks up its sleeve... Spot and futures are being laid out together, and the mempool is all hyped up for me.
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