Two major Bitcoin whales switched to ETH within two days, and 7 wallets still hold about $9.55 billion in BTC

According to Spot On Chain monitoring, two OG whales who hold a large amount of Bitcoin have made major asset adjustments in the past two days, shifting their investment focus to Ethereum: Sold 4,621.9 Bitcoins through 3 wallets, worth approximately US$523.5 million; Purchased and stored 82,398 Ethereums, worth approximately US$353.65 million; Opened a total of 135,265 Ethereum long positions on the Hyperliquid platform, worth approximately US$583.7 million, with a liquidation price range of US$3,487.4 to US$3,612; Currently still holding 84,645 Bitcoins, with a total value of approximately US$9.55 billion, distributed in 7 wallets.