Bitcoin Whale Transfers $363 Million to Decentralized Exchange Hyperliquid

A high-net-worth Bitcoin investor recently sent 3,000 BTC, worth approximately $363 million, to the decentralized exchange Hyperliquid. This large transfer has piqued interest in the crypto community as part of the sent Bitcoin was sold immediately after. The whale’s wallet currently holds a significant $3.56 billion worth of Bitcoin, indicating they are actively exploring market dynamics. This move aligns with the current trend of increased Bitcoin volatility and anticipation of institutional investments.