Okay this make sense now.
So roughly, 1,289 bitcoin is in the wallet which is totally crazy. Though, it's too early for now to speculate about sudden pump.
Or could this be just hyping?
It may be both, this may bring hype since this has been seen already by many traders/holders/investors. This may bring an effect to its price by the next following days or months. Its still early to predict and its really hard to tell the next following things to happen in the market.