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The high-profile ETH-to-BTC Whale has once again moved 2000 BTC to Hyperliquid in the last 6 hours for an ETH swap.

2025.08.31 17:32:14

On August 31st, as monitored by Onchain Lens, a highly prominent BTC whale that has been actively swapping ETH has once again transferred 2000 BTC (valued at $218.24 million) to Hyperliquid within the past 6 hours in order to swap it for ETH.
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US stocks closed on Wednesday, with the three major indices ending mixed, while AI and crypto-related individual stocks saw stable volatility.

According to data from BIT (bit.com), U.S. stocks closed on Wednesday: the Dow Jones Industrial Average initially fell 0.86%, the S&P 500 dropped 0.25%, and the Nasdaq rose 0.24%. Intel (INTC.O) gained 3.71%, and Apple (AAPL.O) rose 1.1%. Most other AI-related and crypto-themed stocks saw price moves of less than 1%, with overall market volatility remaining relatively stable.

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Michael Saylor: STRC Preferred Stock Dividend Rate Remains at 12% for October

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Ripple unlocks 1 billion XRP tokens, valued at approximately $1.49 billion.

According to monitoring by OnchainLens, Ripple has completed the unlocking of 1 billion XRP via its escrow accounts, with a total value of approximately $1.49 billion.

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A crypto whale added $66 million worth of ZEC to its holdings, pushing its main wallet balance to $66.19 million.

According to OnchainLens monitoring, a crypto whale withdrew 2,000 ZEC from Binance, worth roughly $2.82 million. The funds were later consolidated from two wallets to the whale’s primary accumulation address. Currently, this main accumulation wallet holds ZEC valued at approximately $66.19 million.

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Multicoin Capital Transfers $8.34 Million Worth of HYPE to Coinbase Prime Again, Suspected of Preparing to Sell

According to monitoring by OnchainLens, a wallet linked to Multicoin Capital has deposited 92,380 HYPE tokens into Coinbase Prime, valued at approximately $8.34 million, and is suspected of preparing to sell the holdings.

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Fed's Kashkari: Expects one more interest rate hike this year and another one next year.

2026 FOMC voting member and Minneapolis Federal Reserve President Neel Kashkari said: "Inflation remains too high, currently around 3%, and the latest data hasn’t changed that. Despite facing headwinds, the economy is still strong. The longer the economy stays robust, the more I question how tight monetary policy needs to be. My projection is for one more rate hike this year and another in 2027. I hope the Federal Reserve can bring down inflation through appropriate actions."

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