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Bitcoin Whale Swaps $2.2B for Ethereum in Record-Breaking Trade, Igniting Staking Surge and Market Frenzy

A major crypto market development has unfolded as a long-standing Bitcoin holder executed a monumental trade, signaling shifting trends in investor strategy. The transaction not only moved markets but also highlighted growing interest in Ethereum and staking.

  • A Bitcoin whale sold 19,663 BTC (worth $2.22B) for 455,672 ETH through Hyperunit’s platform.

  • Out of the acquired ETH, 279,000 ($1.13B) was staked, suggesting long-term confidence in Ethereum.

  • The trade generated over $3.2B in 24-hour volume—a record for the platform.

  • $4.7M in trading fees were produced, showing high liquidity and market activity.

This could be a compelling investment signal, showing rising institutional interest in ETH and staking, potentially boosting Ethereum’s value and ecosystem strength in the near future. Show Less

https://x.com/Cointelegraph/status/1959835817746018365
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