Ancient BTC Whale Moves 3,000 BTC ($326M) to Hyperliquid for Massive ETH Swap

COINOTAG News (August 31), citing Onchain Lens monitoring, reports a high-profile BTC whale transferred another 1,000 BTC (≈$108.54 million) to Hyperliquid — the latest tranche in an eight-hour sequence. On-chain records show the entity deposited a cumulative 3,000 BTC (≈$326.78 million) and executed conversions into ETH, with the most recent transfer observed about 20 minutes ago.

The ledger-backed activity confirms a material rotation from BTC to ETH by this holder; these sizable on-chain flows are directly verifiable via blockchain explorers and Hyperliquid deposit feeds, offering precise transaction-level data for risk managers and institutional traders assessing liquidity and execution conditions.