One Bitcoin OG sold another 400 BTC in exchange for ETH, and then transferred it back to Ethereum across the chain

On August 21st, it was reported that a Bitcoin OG sold 400 BTC for ETH on the Hyperliquid platform. The total worth of the sold BTC was almost 45.5 million USD.

Currently, the OG possesses 11,744 ETH, which is approximately valued at 50.57 million USD, after transferring the ETH back to the Ethereum mainnet.