According to @rovercrc, the Satoshi-era whale who previously accumulated 641,508 ETH (valued at $2.94B) has reappeared on Aug 29, 2025, depositing 1,000 BTC (valued at $108.27M) to Hyperliquid, selling it, and buying ETH spot (source: @rovercrc on X, Aug 29, 2025). This flow documents a BTC-to-ETH shift with roughly $108.27M in fresh ETH spot purchases as cited by the source (source: @rovercrc).

According to Ai 姨 (@ai_9684xtpa), a well-known Hyperliquid trader who has profited over $21.12 million has resumed active trading in Ethereum spot markets. Eight hours ago, after closing a losing WIF short position, the trader used 3 million USDC to purchase 1221.3 ETH at an average price of $2457. Notably, on May 11, this trader earned $3.74 million by buying low and selling high on ETH. The current trading approach appears to focus on shorting Bitcoin and altcoins while actively trading ETH. This strategic shift is significant for Ethereum price action and may impact crypto market sentiment as large whale movements tend to influence volatility and liquidity. Source: @ai_9684xtpa on Twitter.