An Early Bitcoin Holder Deposits 400 BTC into HyperLiquid and Purchases ETH on the Spot Market
According to Foresight News, Onchain Lens monitoring shows that an early Bitcoin holder deposited 400 BTC (approximately $45.5 million) into HyperLiquid and sold them on the spot market to purchase ETH. The user then bridged the ETH back to the Ethereum network and currently holds 11,744 ETH (approximately $50.57 million).
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