Crypto analytics X account @Lookonchain has reported that a number of hours in the past as we speak, a number of huge Bitcoin purchases passed off, ensuing within the emergence of a brand new BTC whale.
That accumulation was made by means of a crypto dealer of a legendary crypto investor, Mike Novogratz.
Galaxy Digital helps whale purchase Bitcoin
Lookonchain has revealed that a number of transactions passed off with the assistance of Novogratz-founded Galaxy Digital, and so they carried round 500 BTC every.
In whole, the brand new whale now owns 1,506 Bitcoins value roughly $163.5 million in fiat.
A newly created pockets “3FPtXq” obtained 1,506 $BTC($163.5M) from #GalaxyDigital ~30 minutes in the past.https://t.co/TCiRf7TVub pic.twitter.com/eetQ7qJfWg
— Lookonchain (@lookonchain) August 30, 2025
Satoshi-era whale sells Bitcoin to purchase Ethereum
The identical knowledge platform as above reported {that a} Satoshi-era Bitcoin holder has offered an enormous 2,000 BTC value $221 million to purchase some extra Ethereum with the proceeds of this sale.
He instantly acquired 49,850 ETH for $219 million. Along with his current Ethereum purchases, this pockets now holds a mammoth 691,358 ETH, equal to $3 billion.
