Summary
- It has been reported that a Bitcoin (BTC) whale wallet created during the Satoshi era has moved its entire holding of 80,000 BTC.
- Lookonchain stated that the whale wallet transferred 40,192 BTC to a new wallet, following a previous transfer of 40,049 BTC to Galaxy Digital.
- The market is interpreting this large-scale BTC movement as a potential signal for mass liquidation and is paying close attention.
It has been confirmed that a Bitcoin (BTC) whale wallet, reportedly created during the Satoshi era, has transferred its entire holding of 80,000 BTC.
On the 17th (local time), Lookonchain reported that the whale wallet had moved 40,192 BTC (approximately $4.77 billion) to a new wallet. This follows a previous transfer of 40,049 BTC to Galaxy Digital a few days earlier, completing the move of all remaining assets.
Previously, Galaxy Digital immediately sent 6,000 BTC from the received BTC to Binance and Bybit, sparking speculation of a possible sell-off. The market is closely watching this event as a potential indicator of large-scale Bitcoin liquidation.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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