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Bitcoin Whale Moves $4.77B!

17.07.2025 16:51

A significant movement of Bitcoin, valued at approximately $4.77 billion, has been observed from a wallet belonging to a so-called "Satoshi-era whale," an individual who acquired Bitcoin during its early days. This substantial transaction, comprising 40,009 BTC, was initially reported by internet sources and subsequently detailed by Onchain Lens, highlighting the continued influence of early adopters on the cryptocurrency market.

The transfer of these coins to a single wallet, specifically identified by internet sources as belonging to Galaxy Digital, is believed to have been a catalyst for the recent correction experienced by Bitcoin's price. This major transfer raises concerns about potential future sell-offs by this whale, suggesting continued market volatility in the near term.

Currently, Bitcoin trades around $118,438, showing a modest 0.6% increase over the last 24 hours, based on data from CoinGecko. This price fluctuation underscores the ongoing interplay between institutional investors and these powerful, anonymous actors who hold significant Bitcoin reserves. Their actions continue to exert considerable influence on Bitcoin's price and market dynamics, demonstrating the enduring impact of early Bitcoin holders.