Bitcoin OG deposited approximately $114 million in BTC into HyperLiquid and bought $85 million in ETH within 6 hours

According to Lookonchain, a Bitcoin OG holding 68,130 Ethereum (worth $295 million) is closing leveraged long positions and turning to spot purchases of ETH. In the past six hours, this address deposited 1,000 Bitcoin (worth $113.95 million) to the HyperLiquid platform and purchased 19,794 Ethereum (worth $85 million).