Data: A certain whale/institution has cumulatively sold 837.8 BTC and bought 27,500 ETH

According to on-chain analyst Yu Jin's monitoring, as of now, a certain whale/institution has cumulatively sold 837.8 BTC and bought 27,500 ETH, worth approximately 6.968 million USD, with an average purchase price of ETH at 2,534 USD.

Their operational path is as follows: transferring Bitcoin on-chain BTC withdrawn from HTX a year and a half ago to Hyperliquid, selling it for USDC; then bringing the USDC to Arbitrum, cross-chain to Ethereum, and finally buying ETH on-chain.