According to Lookonchain, a Bitcoin OG wallet holding 14,837 BTC valued at about $1.69B deposited 670.1 BTC worth about $76M to Hyperliquid in the past 20 hours and sold it. According to Lookonchain, the same whale then opened ETH long positions totaling 68,130 ETH worth about $295M across four wallets. According to Lookonchain, this activity shows the whale sold BTC and went long ETH on Hyperliquid.

According to Lookonchain, the U.S. Department of Justice is cleared to sell 69,370 BTC, valued at $6.58 billion, which were confiscated from the Silk Road.