Bitcoin OG Owen Gunden has sold 3,600.55 BTC, valued at $372 million, with 500 BTC already deposited on Kraken, according to Captainaltcoin. This significant sale has added pressure to the market as Bitcoin struggles to maintain key price levels. In response to the market dynamics, traders are increasingly turning to Bitcoin Hyper ($HYPER), a Layer-2 solution on Bitcoin utilizing a modified Solana Virtual Machine. Bitcoin Hyper, which supports fast transactions, low fees, and smart contracts, has raised over $26 million in its presale since May 14, 2025, without any private or early VC rounds. The project is drawing interest from retail investors looking for early-stage opportunities with substantial utility and potential growth.