PANews reported on March 12 that according to Lookonchain monitoring, a whale account has converted all its Bitcoin long positions into Ethereum long positions, and currently holds 140,458 ETH, worth about $269.8 million. The entry price of the position was $1,900.2, the liquidation price was $1,877, and the current unrealized profit is $2.92 million.

According to previous news, Hyperliquid, a 50x bullish ETH whale, set up a buy order at $1,894. If the transaction is completed, the size of ETH holdings will be close to 80,000.