CoinMeta data: According to on-chain analyst Yu Jin's monitoring, a large whale/institution has sold a total of 837.8 BTC and bought 27,500 ETH, with a total purchase amount of approximately $69.68 million and an average price of $2,534. The process involved transferring BTC (which was extracted from HTX about one and a half years ago) to HyperLiquid, then selling it for USDC. After that, USDC was transferred back to Arbitrum and cross-chained to Ethereum. Finally, ETH was purchased on the Ethereum chain.