The 'whale holding 10,606 BTC for 7 years' just swapped 300 BTC for ETH According to monitoring by Lookonchain, a whale/institution that held 10,606 BTC for 7 years and made a profit of $1.12 billion deposited 300 BTC (worth $34.86 million) into Hyperliquid an hour ago, preparing to swap for ETH. Their unrealized profit has now exceeded $100 million: Holding 135,265 ETH (worth $581 million) in long positions, with an average entry price of $4,295, profiting $58 million. Purchased 122,226 ETH (worth approximately $535 million) in spot at an average price of $4,377, profiting $42 million.