Last week, an early Bitcoin investor exchanged $4 billion in BTC for ETH"
According to online reports, according to monitoring by online analysis platform Lookonchain, the encryption market showed a divided trend last week. Although DEX trading volume fell by about 10% month-on-month, the market value of stablecoins increased by US$6.65 billion, indicating that new funds continue to flow in. It is worth noting that an early investor (OG) holding a large amount of bitcoin has launched a large-scale asset allocation adjustment. Since August 20, it has sold 35,991 BTC (approximately US$4.04 billion) and bought 886,371 ETH (approximately US$4.07 billion), demonstrating strong confidence in the future performance of Ethereum. The investor still holds 49,634 BTC (approximately US$5.43 billion). During the same period, institutional investment enthusiasm remained unabated, and six listed companies purchased a total of 2,329 bitcoins, with a total value of approximately US$253 million.
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