COINOTAG reported on August 25 that, according to Onchain Lens monitoring and the Unit team, a Bitcoin whale executed a BTC to ETH swap totaling 19,663 BTC (approximately $2.22 billion) via two entities in exchange for 455,672 ETH. The report notes that 279,000 ETH of the proceeds has been staked, while the whale retains BTC custody on HyperLiquid and holds 176,616 ETH on-chain (roughly $832 million). These on-chain disclosures provide verifiable data points for market participants tracking liquidity shifts, staking inflows and large-holder position adjustments, as recorded by blockchain analytics and the Unit teamβs reporting.