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Bitcoin Whale Moves Funds and Another Whale Buys ETH

A wallet holding 4,582 BTC ($377.6 million) moved its entire balance on Monday, the same day a second whale sold 837.8 BTC at a loss to buy 27,500 ETH. The coins arrived in one 4,581.94 BTC transfer on Aug. 7, 2024, and sat there for more than two years. The second whale's movements indicate a clear bet, selling 410.1 BTC for USDC and then buying 27,500 ETH at an average of $2,534.

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