Bitcoin Whale Activity Sparks Renewed Market Interest: $11B Transaction Triggers Speculation of Ethereum Rotation

A major Bitcoin whale, controlling a staggering $11 billion in cryptocurrency, has resurfaced after two months of inactivity. This re-emergence has been marked by a substantial $360 million transfer to the DeFi protocol Hyperunit. The move follows previous activity, including the conversion of $5 billion worth of Bitcoin into Ether (ETH), potentially signaling a renewed interest in Ethereum. This resurgence is further evidenced by a record-breaking 32,300 BTC ($3.9 billion) transaction from dormant Bitcoin holders this week – the largest such movement so far in 2025. While short-term volatility may occur due to the actions of these whales, analysts anticipate continued market growth driven by Bitcoin’s resilience. Institutional investors are drawn to Bitcoin’s scarcity and perceived value as a store of wealth amidst rising U.S. debt and potential government shutdowns. The activity of this prominent whale suggests a shift in investor sentiment towards Ethereum while maintaining Bitcoin’s position as a reliable haven asset.