Bitcoin

Bitcoin Whale Moves Shake Market as 14,273 BTC Hits ExchangeA 14 year old wallet comes to lifeIn a surprising and rare event a Bitcoin wallet that has been dormant for 14 years has suddenly come into action which is a shocking moment for everyone in the crypto industry.The wallet was dubbed a fossil hand by the crypto community and transferred an enormous amount of 14,273&nbsp;Bitcoin whale moves which is valued around $1.67 billion into various exchanges through Galaxy Digital.Looks like that the Bitcoin whale moves really sold this time, first over 10,000 BTC was traded on Binance in just 4 hours and second the Galaxy Digital pulled USDT from exchanges right after sending BTC there.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXebOB1aTmeQxzXIP_xJ-1cY_vcqUPPd-tsuTnK9UqJ7y6TpIrhwvN9Svk73VRKoeASSYAadnodsU2KCHJiI5Wy-fVqGpgFc3EPbjrivd7AdZixFL0LlHXSEBlBP3jCx1vQdkt0a?key=1tpDYiChcYyrtCuQ05gdsQ">Source: <a href="https://x.com/ai_9684xtpa/status/1948599590619676763" rel="noopener noreferrer nofollow">X</a>This move has sent shockwaves across the crypto market especially. As 5,690 BTC were shifted in just one hour.<h4>Galaxy digital facilitates High-volume movement</h4>Galaxy appears to be the center of these movements coordination to a large-scale transfer in different exchanges in batches. On July 14, in one hour alone 9,000 BTC worth over $1.06 billion were handed over to Galaxy.This transaction not only raised eyebrows due to its volume but also suggested a possible over the counter deal.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf8E8daYZKmKxyvgLLAHsHnwf4GQr8nV5_e9lHgjstpfHJkelP-slAJlkHa0yWiNhhPxTFKuhiNnqlkH75JlXQRGuXbqajOErx7LZJnw9urRRrDF93hwix67y6IRuXmJDe7wQ-w3A?key=1tpDYiChcYyrtCuQ05gdsQ">Based on the above shared data the original cost of these coins was as low as $0.78 which implies a potential profit of over 152,000 BTC if sold strategically.<h4>On-chain signals point to real selling Pressure</h4>The market data supports that this is not just a transfer but a true Seoul-off. Over 10,000 BTC were reportedly traded on Binance within just four hours, clearing it all and later it was confirmed by the Wu Blockchain about this heightened activity.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfHpyyeJ9hymlnH_xXUwehA-Cp_TlvVvP1hBTwnIUWP_TkI7481HP5sSWbOf8IyCu17YMLxwsImB7RUCZF4JI5WmLpNkwoD-70jfm6J7oEE1OjMMrssBfv6xJUJsM9-L_l-IndZvg?key=1tpDYiChcYyrtCuQ05gdsQ">Source: XAdditionally Galaxy Digital withdrew a noticeable amount of USDT (Tether) after making the asset deposits and strongly indicated the selling indeed occurred&nbsp; and was not just a reshuffling of the assets.This is not the first time, Bitcoin whale moves has shaken the market. On July 18, a massive Bitcoin whale moves, inactive since 2011, recently <a href="https://www.coingabbar.com/en/crypto-currency-news/bitcoin-whale-sell-off-80k-btc-ethereum-and-xrp-the-new-target" rel="noopener noreferrer nofollow">sold his entire stash of 80,202 BTC</a>—worth $9.53 billion—at an average price of $118,834. This sell-off, which involved coins acquired at just $0.78 in 2011, was executed through eight wallets and triggered a price crash from coin’s all-time high of $123,000 to $115,599.26. The wallet’s sudden activity, tracked by Lookonchain, led to speculation about a possible Satoshi Nakamoto link.Now, another dormant whale has awakened after 14 years, moving 14,273 coins (worth $1.67 billion) into exchanges via Galaxy Digital. Over 10,000 coins was traded on Binance in four hours, and it withdrew USDT post-transfer—strong signs of an actual sell. With whales offloading massive holdings, many fear a deeper crash, possibly pushing&nbsp;down to $100,000.Considering macroeconomic factors, political tensions, and the recent Fed stance, the market seems primed for further downside in the near term.<h4>Bitcoin whale moves Shakes market confidence</h4>This silent and sudden awakening Bitcoin whale moves has left the traders rattled and sparked speculation across the crypto sphere. The profit made by the holder is jaw-dropping but the broader impact on asset price and market stability remains to be seen.As of now, the message is clear that even the quietest <a href="https://www.coingabbar.com/en/crypto-currency-news/top-5-crypto-wallets-memefi-why-it-is-trending" rel="noopener noreferrer nofollow">wallets</a> can make the loudest noise too. Visit-<a href="https://www.coingabbar.com/" rel="noopener noreferrer nofollow">CoinGabbar</a>

Bitcoin Whale Moves 14,273 BTC After 14 Years of Silence

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