Here is a refined version of the text:
A major Bitcoin holder, identified by the address ending in “eCb43,” deposited 2,000 Bitcoin (worth over $216 million) to the Hyperliquid exchange. The holder systematically sold this Bitcoin for Ethereum, as documented by network block explorer Hypurrscan.
The process began with the address receiving two transactions, totaling 1,000 BTC ($108 million) at approximately 10:57 a.m. ET. The account then started selling small lots of Bitcoin, typically 1 to 1.5 BTC at a time, to acquire a corresponding amount of Ethereum. This pattern continued until all of the initial 1,000 BTC was converted.
Following this, the holder deposited another 1,000 BTC and repeated the process. Upon completion, they transferred the entire acquired amount of Ethereum—over 42,750 ETH—out of their wallet. Via @DecryptMedia
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