TechFlow news, October 8 — According to on-chain analyst Spot On Chain (@spotonchain), a Bitcoin whale has returned to the market after a three-week break, selling 3,000 BTC over the past nine hours via the HyperLiquid platform at an average price of $121,291, cashing out $363.9 million in USDC.
The whale currently still holds 46,765 BTC (approximately $5.73 billion) distributed across 11 wallets.
Notably, between August 20 and September 16, this whale sold over 30,000 BTC when BTC was priced around $112,000, rotating those proceeds into ETH by buying and going long. Recently, the whale has realized $37.2 million in profits from its ETH long position and increased its spot ETH holdings by 23,575 ETH.
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