$363.81M BTC Moved to Hyperliquid by $10B-Sized Whale — Is a Swap to Ethereum Next?

A major Bitcoin whale, identified as holding over $10 billion in BTC, recently transferred $363.81 million worth of BTC to Hyperliquid, according to on-chain analytics.
The move follows the whale’s previous action of selling $5 billion in BTC for USDC and using the proceeds to acquire Ethereum. Transactions show the whale first sent a small 0.002 BTC test transfer before initiating the large move. Even after this transfer, the whale retains about 29,300 BTC in its main wallet, valued at around $3.56 billion. Observers are watching to see if this signal precedes further swaps into Ether or other assets.
Clever Robot News Desk 9th October 2025



