🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
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📖 Day 1 · Quiz (Single Choic
Major Bitcoin OG Makes Strategic Shift: Swaps 2,000 BTC for Nearly 50,000 ETH
Gate News bot message, A prominent Bitcoin OG has executed a significant asset reallocation in the past 12 hours, converting 2,000 BTC (valued at $221M) into 49,850 ETH ($219M) through spot trading. According to Lookonchain's data, this investor now holds a total of 691,358 ETH, equivalent to approximately $3 billion.
The same investor previously acquired 641,508 ETH ($2.94B) and recently resumed ETH purchases after a two-day pause. The transaction involved depositing 1,000 BTC ($108.27M) to Hyperliquid for the conversion to ETH.