A Bitcoin whale has transferred approximately 3,000 BTC, valued at around $363.9 million, to Hyperunit, sparking speculation of a potential shift into Ethereum. The transaction, flagged by Arkham Intelligence, follows a pattern where the same wallet previously moved Bitcoin through Hyperunit before accumulating $5 billion in Ethereum, which coincided with a short-term rally in ETH prices. On-chain data from CryptoQuant indicates an increase in Ethereum holdings among whale wallets during Q3 2025, suggesting a trend of large investors diversifying their portfolios from Bitcoin to Ethereum. This movement has reignited discussions about strategic asset rotation within the crypto market.