Bitcoin Whales Move Massive Funds, Sparking Market Volatility

New data reveals a significant movement of Bitcoin funds by whale investors, sending ripples through the market as $360 million re-entered circulation. Arkham Intelligence reports these large transactions to Hyperunit’s DeFi wallet, mirroring patterns from August when the same address facilitated over $5 billion in BTC conversion to Ethereum. This transfer briefly propelled the investor into the ranks of the top ETH holders, surpassing even major corporations.