🚨 A single Bitcoin whale is being blamed for today's flash crash, which liquidated over $310M in long positions.
On-chain data reveals the whale sold over 24,000 BTC, including coins that had remained untouched for 5+ years. A staggering 12,000+ #BTC was sent to the Hyperunite trading platform today alone.
So far, the whale has sold more than 18,000 BTC ($2B) and is in the process of dumping the remaining 6,000+ BTC ($670M). Most of the funds are being rotated into Ethereum, with $2B already purchased and $1.3B staked. This massive move highlights a significant shift in a major player's strategy from Bitcoin to Ethereum.
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