$5 Billion Whale Invests $1.1 Billion in Ethereum, Hints at Strategic Shift

A massive crypto whale, previously known for holding $5 billion in Bitcoin, has made a significant investment—buying $1.1 billion worth of Ethereum and immediately staking it all. This transaction was facilitated by the crypto firm Hyperunit. It follows a pattern of substantial Ethereum purchases from this whale over recent weeks, amounting to a staggering $3.5 billion in ETH holdings. The whale’s primary holdings still lie in Bitcoin, yet this move indicates a potential strategic shift toward Ethereum.