BTC Whale Deposits 2,120 BTC ($230M) into HyperUnit to Swap for ETH — 1,120 BTC Still Unsold

COINOTAG News (Aug. 30) reports that Onchain Lens detected a prominent BTC whale depositing 2120 BTC (approximately $230 million) into HyperUnit with the intent to exchange for ETH. The on-chain transfer represents a sizeable liquidity shift and is consistent with large-scale execution strategies observed in institutional trading.

According to the monitoring data, roughly 1120 BTC of the tranche remains unsold on the platform, signaling a partially filled position. Market professionals should track subsequent on-chain flow and order-book dynamics to assess potential impacts on BTC/ETH liquidity, spreads, and execution costs.

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