In the vast and often mysterious sea of Bitcoin, a creature of the Satoshi era, a true OG, has stirred the waters with a move that could only be described as monumental. According to the watchful eyes of Onchain Lens, this ancient whale has recently transferred a staggering $4.77 billion worth of Bitcoin to a single wallet. π³
U.Today reports that the massive transfer of 40,009 BTC, valued at a cool $4.69 billion, found its way to the digital shores of Galaxy Digital. The ripple effects of this transaction were felt across the crypto ocean, believed to be the key reason behind Bitcoin’s sudden and swift correction. π
And if the sea of speculation is to be believed, this might just be the beginning. The most recent transfer suggests that more selling could be on the horizon, leaving the market in a state of cautious anticipation. π€
As of now, Bitcoin is trading at $118,438, a slight 0.6% increase over the past 24 hours, according to CoinGecko. Despite the growing influence of institutional players, it seems the anonymous whales still hold the power to make waves in the crypto market. π BTC
So, while the institutions may have their fancy yachts, it’s the old-school whales that can still turn the tide. π³β¨
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2025-07-17 08:28