Main takeaway restaurants
How are the whales currently active on the Bitcoin market?
A Bitcoin-Walvis with more than $ 10 billion in assets has transferred $ 363.9 million BTC to Hyperunit.
Why is this whale action important?
The last time this whale behaved in this way, he bought ETH for $ 5 billion.
Blockchain analysis company Arkham Inflooring Service Has a Bitcoin transfer of $ 363.9 million marked by a whale portionian with more than $ 10 billion in BTC. As expected, this step led to speculation that the Ethereum entity could accumulate [ETH] once more.
Bitcoin-Walvis activity fuels ETH speculation again
According to Arkham’s warning on October 7, the whale, identified as the “Hyperunit-BTC-Whale”, transferred around 3,000 BTC [worth $363.9 million] To Hyperunit- a trade and storage platform that is used for large-scale swaps.
Source: Arkham Intelligence
Two months ago, the same wallet for billions of dollars transferred Bitcoin via Hyperunit and then bought $ 5 billion in ETH. This movement coincided with a sharp, short -term rally of the price of Ethereum, where the same increase by almost 8% took place within 48 hours, before it corrected in the days that followed.
On 12 September it had reached a peak of approximately $ 4,700 on the price charts.
Thanks to the last transaction of the wallet, there are rumors that the whale could again change its possession from BTC to ETH. It needs no argument that such a pattern previously attracted market -wide attention.
Part of a wider trend of accumulation of whales?
However, this is not the first major whale movement of 2025. Earlier this year, for the first time in more than ten years a wallet from the Satoshi era with more than 1,000 BTC became active. At the time, it transferred coins to new addresses.
However, is the aforementioned rotation to ETH an anomaly? Not entirely. In fact, according to On-chain data from Cryptoquant shows that Walvisportfeuilles gradually increased their ETH ownership during the third quarter.
Source: Cryptuquant
If the latter hyperunit transaction indicates a new ETH accumulation phase, this would strengthen the wider shift that is being observed with large investors looking for diversification between Bitcoin and Ethereum.
Correction phases after strong weekly profits?
At the time of writing, Bitcoin [BTC] acted at around $ 121,277 – a decrease of 2.76% in the last 24 hours after reaching a local highlight of almost $ 126,000.
The RSI [61.1] indicated a cooling of the momentum after an overburdened rally, indicating profit ceremonies in the vicinity of important resistance levels.
Source: TradingView
Meanwhile the price of Ethereum [ETH] Fell by 4.4% to $ 4,479, with the Altcoin also entering a mild correction after a strong start of the week. An RSI value of 54.07 alluded to a neutral momentum, while Traders waited for confirming a new inflow driven by whales.
Source: TradingView