At this point, it feels like the whale has an agenda either for ETH or against BTC. It could be a political response to American bitcoinization. Time will tell.
This Bitcoin OG just deposited another 1,000 $BTC($109M) into #Hyperliquid to dump and buy $ETH spot.
He had previously purchased 740,570 $ETH($3.4B) and staked it.

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