Famous Investor Sells Bitcoin: 3,000 BTC Used for Ethereum

One of the leading cryptocurrency investors in the world continues to draw attention with recent Bitcoin sales. This investor, closely followed by the cryptocurrency community, has conducted a sale of 3,000 Bitcoin (BTC) to obtain 363.87 million dollars worth of USDC. The average price for this sale was recorded at 121,291 dollars. The investor made headlines previously by selling 35,991 Bitcoin in exchange for 886,371 Ethereum (ETH).

The mentioned address has become one of the key wallets to execute this large BTC sale since August. This investor has attracted attention as one of the largest addresses converting from Bitcoin to Ethereum. However, despite this new sale, it was observed that the investor still holds 49,634 Bitcoin (approximately 5.43 billion dollars). The wallet owner, defined by analysts as a "Bitcoin OG," continues to maintain a large Bitcoin reserve.

It has been noted that these transactions were verified through addresses using on-chain analysis platforms such as Hyperliquid, Arkham, and Hypurrscan. This situation clearly outlines the investor's impact on the market and strategic moves.

For investors, these developments carry significant signals regarding the future of Bitcoin and Ethereum. Price levels to be considered can shape investors' market movements and trading strategies. The fluctuations in the cryptocurrency market require investors to assess the effects of these large sales and adjust their positions accordingly.