Whale Shifts $91m from BTC to ETH Amid Crypto Market Turmoil

A recent transaction on Hyperliquid has raised eyebrows in the crypto community, as 11 new wallets sold 602 Bitcoin (BTC) over three days. According to Lookonchain, this sale is likely linked to a single whale, with the same wallets purchasing 18,780 Ethereum (ETH) for approximately $45.83 million.

The value of the Bitcoin sale was also around $45.83 million, suggesting that the whale has rotated its high-value portfolio from one asset to another.