Bitcoin Holder Makes Massive Shift: Converts $327 Million to Ethereum in Eight Hours

A prominent Bitcoin holder has made a significant move in the cryptocurrency market. Onchain Lens reports that this individual converted over 1,000 BTC, valued at approximately $109 million, into Ethereum within 20 minutes of their transaction. Over the past eight hours, they have deposited a total of 3,000 BTC, amounting to roughly $327 million, and exchanged it for Ethereum.