His other wallet behaved rather strangely: he did not buy spot HYPE, but deposited 15 million USDC in HLP and went long on 190 BCH (worth $101,000).
The same Bitcoin giant with 56,816 BTC ($6 billion value) sleeping wallet just transferred 10,000 BTC ($1.08 billion) to a new wallet and sent 1,000 BTC ($108 million value) to Hyperliquid, which is currently being converted to ETH. This is the first transaction at the address in more than 5 years. 0x7c4399A2E5752A57703391da290ce684C12eCb43
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