Whale’s Return Stirs Crypto’s Social Season

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On a fateful Friday, several discerning observers noted that a most distinguished individual, long dormant in their bitcoin holdings, began to stir their funds. Some conjectured the whale might be directing assets toward Hyperunit, exchanging BTC for ETH with all the grace of a well-timed waltz.

Dormant Bitcoin Beast Unleashes Billions

Just last week, a whale drained a bitcoin wallet holding 24,000 BTC, and on Friday afternoon, onchain analyst Sani from timechainindex.com reported that this same entity had moved another stash of comparable size. 🐋💰

“A previously dormant entity has resumed activity, transferring funds from a 24,495 BTC wallet that had been untouched for five years, after liquidating 24,000 BTC last week,” Sani said on X. The analyst added that the entity continues to hold a hefty reserve of 146,380 BTC across its addresses. 🧠📊

Sani warned:

Buckle up, this could get volatile. 🚀

Sani was not the only observer commenting on the whale’s moves. Arkham Intelligence also posted about the entity on X. “A whale holding over $5B of BTC is currently buying ETH. He just moved $1.1 BILLION of BTC to a new wallet and has started purchasing ETH through Hyperunit/HL,” Arkham wrote. 🤝💸

Bitcoin’s price has already faced selling pressure, dipping to an intraday low of $108,042 per coin on Bitstamp. The whale’s actions hint at a possible repositioning strategy that could ripple across crypto markets. With billions in play and shifting allocations into ethereum, the entity’s moves may foreshadow heightened cross-asset volatility and renewed speculation about broader institutional involvement. 🕵️‍♀️📉

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2025-08-30 01:49