Bitcoin Ancient Whale Reappears, Sells 3,000 BTC on HyperLiquid — Still Holds 46,765 BTC
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
COINOTAG reported on October 8 that, according to Spot on Chain monitoring, a long-dormant Bitcoin whale resurfaced, executing the sale of 3,000 BTC over the past nine hours via the HyperLiquid venue and receiving roughly $3.639 billion USDC.
On-chain records indicate the address cluster still controls 46,765 BTC across 11 wallets—approximately $5.73 billion at prevailing rates—and COINOTAG notes that between August 20 and September 16 the same entity divested more than 30,000 BTC when prices were near $112,000 and reportedly rotated into an ETH long position.
Large, concentrated transactions and sizable OTC-like executions can influence market liquidity and order flow; prudent market participants should track on-chain liquidity metrics and exchange flows to contextualize these movements rather than extrapolate unverified price forecasts.