Ancient Bitcoin Whale Shifts Billions in BTC and ETH to HyperUnit

A huge shift in the crypto market has grabbed attention this week. Wu Blockchain, citing data from OnchainLens, reported that an ancient Bitcoin whale moved 2,360 BTC to crypto custodian HyperUnit. The transfer is worth about $260.75 million, raising the whale’s total moved holdings to 3,360 BTC. On top of that, the same wallet scooped up 49,850 ETH in the past ten hours, worth almost $217 million.

A Dormant Whale Returns

Bitcoin whales—wallets holding massive amounts of BTC—often spark waves in the market when they act. This ancient Bitcoin whale had stayed quiet for years before suddenly shifting billions. Its latest transfer stands out not only because of its size, but also because of its timing.

Rather than sending coins to an exchange, which usually signals a sell-off, the whale sent them into HyperUnit custody. That move suggests protection and long-term planning instead of dumping on the open market.

A Bold Ethereum Bet

The whale didn’t stop with Bitcoin. It went on a buying spree, adding nearly 50,000 ETH in less than half a day. The purchase shows strong confidence in Ethereum’s role as the backbone of DeFi and Web3.

Ethereum has been gaining traction as developers build more applications on its network. By scooping up so much ETH, the whale could be hedging its long-term Bitcoin holdings with exposure to Ethereum’s growing ecosystem. The move instantly placed this whale among the biggest ETH buyers of the month.

What This Means for the Market

Whale movements often spark mixed reactions. On one hand, big transfers to custody suggest investors want to lock up their assets securely. That usually signals they aren’t planning to sell immediately. Big moves like this always make the market a little uneasy. Whales have the kind of money that can swing prices in an instant.

For some traders, the whale’s decision to load up on Ethereum looks like a strong vote of confidence in ETH’s future. But not everyone is convinced. Others point out that whenever whales get active, the market often becomes more volatile.

HyperUnit’s Rising Reputation

The choice of HyperUnit as the custodian also matters. The platform has built a reputation for institutional-grade security and compliance. Many large investors now use it as a safe house for their billions in digital assets. By repeatedly choosing HyperUnit, this whale highlights the firm’s growing influence in crypto’s custody landscape.

Closing Thoughts

In total, this whale shifted nearly $477 million in Bitcoin and Ethereum in a single round of activity. The blend of moving old BTC into custody and loading up on ETH points to a strategy that looks beyond short-term profits.

The message is clear: big players still see crypto as a long-term game. And when a single wallet can swing close to half a billion dollars, the rest of the market pays attention.