CoinMeta data: A large whale sold 1,312.1 BTC in 4 days, exchanging them for approximately $109.1 million in USDC. They also bought 43,300 ETH, and currently have a floating loss of $4.15 million. This whale transferred BTC to HyperLiquid through the Bitcoin chain to sell it for USDC. Subsequently, they withdrew Arbitrum and crossed chains to Ethereum to buy ETH. The average purchase price of ETH was $2,521.