Satoshi-Era Whale Moves $4.8B in BTC
Posted: Fri Jul 18, 2025 4:10 am
Hey everyone,
A massive move just hit the blockchain—a Bitcoin whale from the Satoshi era has transferred around 40,192 BTC, worth roughly $4.8 billion, to Galaxy Digital. This is the second such move in days, with nearly 80,000 BTC shifted in total, valued at close to $10 billion. What’s fascinating is that these coins had been sitting untouched for more than 14 years, dating back to when Bitcoin was worth less than $1 per coin.
This is one of the largest movements of early BTC we’ve seen in years. Analysts are speculating about the motive behind this sudden activity. Some believe it’s a strategic profit-taking move now that Bitcoin has broken past $120,000, while others think it’s about transferring assets to safer custody with institutional-grade partners.
The fact that Galaxy Digital is involved suggests a highly structured transaction, likely through over-the-counter (OTC) services, which prevents massive sell-offs from shocking the market. While a portion of the BTC has reportedly made its way to exchanges, the majority of the transfer appears to be handled quietly.
Events like this raise questions: What does it mean for Bitcoin’s future? On one hand, it shows that even long-dormant wallets are coming alive as prices soar. On the other, it reflects growing trust in institutional services for managing massive crypto holdings.
For traders, this could be a signal to watch closely—such large movements often precede volatility, either from profit-taking or renewed buying pressure.
What’s your take on this? Is this whale cashing out, or just securing holdings with a professional custodian? Would you be worried about potential sell pressure, or do you think the market can easily absorb this volume now?
Let’s hear your thoughts on what this could mean for Bitcoin’s trajectory.
A massive move just hit the blockchain—a Bitcoin whale from the Satoshi era has transferred around 40,192 BTC, worth roughly $4.8 billion, to Galaxy Digital. This is the second such move in days, with nearly 80,000 BTC shifted in total, valued at close to $10 billion. What’s fascinating is that these coins had been sitting untouched for more than 14 years, dating back to when Bitcoin was worth less than $1 per coin.
This is one of the largest movements of early BTC we’ve seen in years. Analysts are speculating about the motive behind this sudden activity. Some believe it’s a strategic profit-taking move now that Bitcoin has broken past $120,000, while others think it’s about transferring assets to safer custody with institutional-grade partners.
The fact that Galaxy Digital is involved suggests a highly structured transaction, likely through over-the-counter (OTC) services, which prevents massive sell-offs from shocking the market. While a portion of the BTC has reportedly made its way to exchanges, the majority of the transfer appears to be handled quietly.
Events like this raise questions: What does it mean for Bitcoin’s future? On one hand, it shows that even long-dormant wallets are coming alive as prices soar. On the other, it reflects growing trust in institutional services for managing massive crypto holdings.
For traders, this could be a signal to watch closely—such large movements often precede volatility, either from profit-taking or renewed buying pressure.
What’s your take on this? Is this whale cashing out, or just securing holdings with a professional custodian? Would you be worried about potential sell pressure, or do you think the market can easily absorb this volume now?
Let’s hear your thoughts on what this could mean for Bitcoin’s trajectory.