An unknown whale sold 1,107 BTC on Hyperliquid over the past 5 days, then bought 34,422 ETH and staked all of this ETH.

The estimated number value of BTC sold is 86.76 million USD, while the amount of ETH bought is worth about 86.5 million USD.

Monitoring data from Lookonchain shows that this activity is equivalent to transferring most of the value from BTC to ETH. The identity of the wallet and the purpose of staking the above ETH are not yet clear.

Source: https://tintucbitcoin.com/ca-voi-chuyen-hon-86-trieu-usd-btc-sang-eth-va-staking-toan-bo/

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