'$10 billion' whale transferred $360 million worth of Bitcoin to Hyper Unit

Uk Jin

Summary

Arkham said a large Bitcoin (BTC) whale recently transferred $360 million worth of Bitcoin to Hyper Unit.
The whale sold $5 billion of Bitcoin two months ago and used all of it to accumulate Ethereum (ETH).
Arkham said attention should be paid to the potential impact that large whale movements and allocation of investment assets could have on the market.

A large Bitcoin (BTC) whale resumed activity.

On the 8th (Korean time), Arkham said on X (formerly Twitter), "The whale holding $10 billion worth of Bitcoin transferred $360 million worth of Bitcoin to Hyper Unit."

This whale had, two months earlier, sold $5 billion worth of Bitcoin and used all the sale proceeds to accumulate Ethereum (ETH).

BTC

ETH