Bitcoin OG Dumps BTC for $806M in Ethereum Amid Altcoin Season Optimism

A major Bitcoin OG has shifted billions in crypto allocations, moving thousands of BTC into Ethereum. The whale sold another 4,000 BTC worth $460 million, bringing total Ethereum purchases to $806 million. With a long position still active and massive unrealized profits, the move is fueling speculation that a new altcoin season may be underway.