HyperUnit Whale Turns Bitcoin-Only After Liquidating ETH Position

Blockchain analytics firm Arkham Intelligence reports that the so-called “HyperUnit whale,” a wallet linked to Garrett Jin (ex-CEO of BitForex), has now fully exited its Ethereum position after transferring its remaining ETH to Binance.

The address, which once held nearly $10 billion in combined Bitcoin and Ethereum, now contains only Bitcoin on-chain. Its remaining balance is estimated at roughly $750 million in BTC.

Source: Arkham