Recently, several Bitcoin ancient whales have significantly increased their ETH holdings, with one address holding as much as 83,000 BTC.

BlockBeats News, August 22nd, according to lookonchain monitoring, a Bitcoin ancient whale received 100,784 BTC 7 years ago (worth $642 million) and recently ended its dormancy — sold BTC and simultaneously spot bought 62,914 ETH (worth $267 million), and opened a long position of up to 135,265 ETH (worth $577 million).

Meanwhile, lookonchain just discovered another Bitcoin ancient whale that also deposited BTC into Hyperliquid to sell and buy ETH. On-chain tracking shows that this veteran player received 85,947 BTC 7 years ago (worth $547 million), and the two are likely the same entity.

Currently, it has been confirmed that their six wallets still hold 83,585 BTC (worth $9.42 billion).