Best Crypto Presales: Bitcoin Hyper Raises $28.8M as Whales Sell Ethereum, XRP

The crypto market is behaving oddly. Bitcoin lost $90,000 on Sunday night, and sentiment has once again entered “extreme fear.” There’s also been mass selling from Ethereum and XRP whales, echoing the bearish sentiment.

Both ETH and XRP remain red on Tuesday, but Bitcoin rebounded from $83,900 on Monday to almost $87,000 today. Furthermore, the Federal Reserve just ended its quantitative tightening (QT) campaign, which began in 2022.

Many see the Fed’s end of QT as a macro catalyst for risk assets, potentially helping fuel a broader market recovery. Nonetheless, Ethereum and XRP’s whale outflows show that not all traders see it this way – but as these top alts struggle, a new project is gaining significant traction.

It’s called Bitcoin Hyper (HYPER), and it’s currently in a presale that has raised $28.8 million. The project is aiming to build the world’s fastest smart contract Bitcoin Layer 2, a use case with real long-term potential if executed well. With that in mind, could HYPER be among the best crypto presales to buy now?

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Ethereum, XRP Whales Are Selling en Masse

Arkham Intelligence data shows that an Ethereum whale has unloaded 25,603 ETH worth $85.44 million since October 28. The wallet transferred 5,000 ETH, worth roughly $15.05 million, to Binance on Sunday during the latest round of selling. However, it still holds 10,000 ETH, which could signal further selling pressure ahead.

This could be why Ethereum has underperformed Bitcoin this week, with its price down 4.3% while BTC is down only 1.2%. The trend has continued on Tuesday, with BTC up 0.8% and ETH down 1.1%.

It’s a similar story for XRP. Data from Santiment shows that the number of whales (wallets with 100M+ XRP) dropped by 20.6% in the last eight weeks, although the amount of tokens held by whales actually increased in that time.

This means the supply is becoming more concentrated, which isn’t healthy. It could suggest that larger whales are being forced to absorb selling pressure to defend key price levels. But how long until they run out of ammo?

XRP’s price reflects this declining whale count, tumbling by 10% in the last week.

But as whales sell Ethereum and XRP, Bitcoin Hyper is attracting millions of dollars. The project’s ongoing presale is rapidly approaching the $30 million raised milestone, clearly signalling that something big is brewing. So what is the project all about?

Bitcoin Hyper: An Early-Stage Bitcoin L2 With 65,000 TPS

According to ICO Drops data, Ethereum has provided a 9,048x ROI since its 2014 initial coin offering (ICO). Meanwhile, XRP delivered a 342x ROI since its token generation event (TGE) in 2013.

Both projects are up massively, fueled by disruptive technologies that went beyond Bitcoin’s value-storing capabilities. But it’s 2025 now, and investors are seeking something fresh and more cutting-edge – and Bitcoin Hyper might be just that.

It’s building the world’s fastest smart contract Bitcoin Layer 2 blockchain. Its goal? To address Bitcoin’s speed and functionality limitations.

Bitcoin can process only 7 transactions per second (TPS), and it’s primarily used for sending, receiving, and storing value. Comparatively, Bitcoin Hyper runs on the Solana Virtual Machine (SVM), unlocking Solana-grade speeds and programmability.

For reference, the Solana L1 can process 65,000 TPS, suggesting this could be the benchmark Bitcoin Hyper aims for.

It’s a setup that brings DeFi, payments, meme coins, and more to Bitcoin. Also, the Bitcoin Hyper L2 will be interoperable with Solana, which allows developers to easily port their apps and tokens. That’s a major advantage, given Solana’s vibrant ecosystem.

Per DeFiLlama data, Solana clocked over 2 million active users in the last 24 hours and generated $3.93 million in fees. So with the allure of Bitcoin-grade security and liquidity, Bitcoin Hyper could snag some of Solana’s market share, quickly turning its L2 into a hotbed of on-chain activity.

Factoring in its early-stage entry price, it’s clear why traders are pouring into Bitcoin Hyper right now. This is also why expert analysts like Borch Crypto suggest HYPER could be the next crypto to 100x.

Bitcoin Hyper’s Risk-Reward Opportunity

Crypto is all about balancing risk and reward. For tokens such as Ethereum and XRP, there is steep downside risk, while the upside is relatively capped since those coins are already worth tens of billions of dollars. This is why some whales are selling.

In comparison, Bitcoin Hyper’s presale offers an opportunity to get in on the ground floor. So if the team successfully implements the Layer 2, the upside could be huge.

It’s still early days for the project, and there’s plenty of work to be done. But it’s this early-stage allure that makes Bitcoin Hyper so attractive and enables it to draw investors even as ETH and XRP struggle.