A recently emerged Bitcoin whale, or big investor, continued to acquire Ether, transferring another $113 million worth of Bitcoin after seven years of dormancy.
The data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bitcoin-whale-dumps-btc-for-295m-eth-long-position” title=”null”>Bitcoin whale sold $76 million worth of Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC) and opened a $295 million perpetual futures long position on Ether ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” title=”null”>ETH), Cointelegraph reported earlier Thursday.
The mysterious whale closed part of his perpetual futures positions and deposited another 1,000 BTC worth $113 million on the data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/what-are-decentralized-exchanges-and-how-do-dexs-work” title=”null”>decentralized exchange Hyperliquid, most of which was sold to enter the long spot Ether…
