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$10B to $2B: Hyperunit Whale Collapse Shakes Crypto Market

In Markets
May 04, 2026

Hyperunit whale wallets reportedly hold $1.31B in ETH and $750M in BTC as traders track claims of an $8B portfolio decline.

A crypto whale linked online to Hyperunit has become a major talking point across the market.

Posts claim the trader once managed about $10 billion in assets. The same posts now place the holdings near $2 billion, mainly in Bitcoin and Ethereum.

Hyperunit Whale Draws Fresh Market Focus

Crypto traders are following wallets said to be linked to the Hyperunit whale. Online posts claim the wallets now hold about $1.31 billion in Ethereum.

They also claim the same wallets hold about $750 million in Bitcoin. Together, those reported holdings stand near $2.06 billion.

The figure is far below the $10 billion amount shared by market accounts. However, the full claim has not been confirmed by an official statement.

The discussion grew after a small transfer was flagged online. The wallet reportedly sent about $1,600 to ChangeNOW.

As a result, some traders questioned whether the owner was closing unused addresses.

One post said, “He just sent $1.6K to ChangeNOW.” The post also asked whether the move came after liquidation losses.

Still, the transfer was small compared with the reported portfolio size.

Bitcoin and Ethereum Loss Claims Raise Questions

The reported fall has brought attention to large Bitcoin and Ethereum trades. Online accounts claim the whale lost about $8 billion after wrong market moves.

These claims remain based on public tracking and trader posts. The wallets still appear to control a large crypto balance, according to the same reports.

Yet traders are focused on the sharp decline from the claimed peak. Large portfolio changes often draw attention during weak market periods.

Bitcoin and Ethereum are central to the current discussion. Both assets can move quickly during heavy trading sessions.

Therefore, large leveraged positions can face pressure when prices turn sharply. Some traders said the reported losses may be tied to liquidation events.

Others said the small ChangeNOW transfer may not prove a larger move. Without verified records, the exact cause remains unclear.

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Identity Claims Add to Online Debate

Several social media posts named Garrett Jin as the Hyperunit whale. Those posts also described him as a “Donald Trump insider.”

These claims have not been verified through official documents in the material provided.

Because of that, the identity claims remain part of online debate. Crypto markets often react quickly to wallet activity and public posts.

However, wallet labels and personal links can be difficult to confirm.

The story has gained traction because the numbers are large. It also involves Bitcoin, Ethereum, and possible whale liquidations.

These topics usually attract strong attention from traders and analysts.

For now, the market is watching the wallets for fresh transfers. Any large Bitcoin or Ethereum movement may bring renewed focus.

Until more proof appears, the $10 billion to $2 billion claim remains unconfirmed.

The post $10B to $2B: Hyperunit Whale Collapse Shakes Crypto Market appeared first on Live Bitcoin News.

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Mary J. Batiste is a blockchain writer and tech journalist who covers NFTs, cryptocurrency trends, and Web3 culture. Her work focuses on making complex crypto concepts accessible and engaging, emphasizing education and community empowerment. In her free time, Mary collects digital art, experiments with blockchain gaming, and contributes to online NFT communities.