Big wallets and funds are back in action on-chain, making major moves in BTC, ETH, HYPE, and LINK. On the radar: Metaplanet's latest transfer, a Matrixport-linked whale's ETH play, Multicoin Capital's HYPE dumps, and Chainlink's strategic LINK buys.

Bitcoin: Metaplanet Sends 1,350 BTC to Coinbase Prime

Metaplanet just moved another 1,350 BTC ($108m) to Coinbase Prime. The company has previously stacked up 43,000 BTC ($3.48b) at an average price of $96,191.

Ethereum: Matrixport Whale Opens Fresh ETH Long

A whale tied to Matrixport—who earlier flipped a $92.5m loss into a $27.9m profit—is back, opening a massive ETH long. Through a new wallet, they deposited 10m USDC and opened a 7,000 ETH ($17.4m) position with 20x leverage.

HYPE: Multicoin Sells, New Whale Buys In

Multicoin Capital keeps sending HYPE to Coinbase Prime, unloading 815,885 HYPE ($59.8m) over the past 10 days. On the other side, a new wallet scooped up 440,000 HYPE ($37.3m) via FalconX.

LINK: Chainlink Stacks Up Its Strategic Reserve

Chainlink just bought another 92,000 LINK ($1.1m) off the open market for its strategic reserve. Over the past month, they've added 598,300 LINK ($5.6m), bringing the total reserve to 5.67m LINK ($66.4m).