Jul 3, 07:45 AM

Jump Crypto Moves $816M BTC; Matrixport, Abraxas Capital Withdraw $182M ETH; USDC Whale Buys 215,850 HYPE Tokens

Recent on-chain data reveals substantial cryptocurrency movements involving major wallets and institutional investors. A whale deposited $8.768 million worth of USDC into HyperLiquid to purchase 215,850 HYPE tokens at $40.13 each. A wallet potentially linked to Matrixport withdrew a total of 71,468 ETH, valued at approximately $182 million, from Binance, OKX, and Kraken exchanges within 24 hours. Additionally, Abraxas Capital withdrew 48,823 ETH valued at $126 million from Binance and Kraken. A Jump Crypto-related wallet moved all 7,499 BTC, worth $816.48 million, to a new wallet after two years of dormancy. Another whale transferred 20,001 ETH, valued at $51.35 million, from Binance to an unknown wallet. Ethereum holders are increasing their holdings, with key accumulation wallets adding a record 6 million ETH in June, a 36% surge, now controlling 22.75 million ETH, the highest ever recorded. An early Ethereum ICO whale deposited 1,000 ETH ($2.6 million) to Kraken and still holds 3,000 ETH valued at $7.79 million from an original purchase of 100,000 ETH for $31,000.