8-Year Bitcoin Holder Offloads Another $136M Following Massive $4B ETH Trade – Whales Dumping Again?

An eight-year Bitcoin holder resumed selling after a two-week pause, depositing 1,176 BTC worth $136.2 million to the Hyperliquid trading platform as Bitcoin tested $116,000 resistance levels. The whale previously executed one of the largest Bitcoin-to-Ethereum rotations in crypto history, trading 35,991 BTC valued at $4.04 billion for 886,371 ETH worth $4.07 billion. The renewed selling activity comes as BTC Inc CEO David Bailey claimed earlier this month that two massive whales prevented the cryptocurr ...