According to @lookonchain, a Bitcoin OG deposited another 300 BTC worth $34.78M to Hyperliquid to sell and buy ETH. Source: Lookonchain on X, Aug 22, 2025. The address shows $84M in unrealized gains over three days across derivatives and spot. Source: Lookonchain on X, Aug 22, 2025. The trader holds a 135,265 ETH long with an average entry of $4,295, marked at $581M notional and up $49M unrealized. Source: Lookonchain on X, Aug 22, 2025. He also bought 100,979 ETH spot at a $4,309 average for $435M, up $35M unrealized. Source: Lookonchain on X, Aug 22, 2025. These flows indicate active BTC-to-ETH rotation on Hyperliquid and highlight key ETH positioning levels around $4,295–$4,309 for order-flow tracking. Source: Lookonchain on X, Aug 22, 2025.