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"A Whale of a Problem: Why Self-Custody Might Sink Bitcoin Giants"

2025-07-30 16:42:53

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For over a decade, the mantra for bitcoin holders has been clear: "not your keys, not your coins." But as bitcoin matures into a globally recognized asset, that mindset is no longer sufficient for whales managing hundreds of millions in BTC. The recent movement of over 80,000 BTC from eight Satoshi-era wallets — the largest such transfer in bitcoin’s history – has reignited attention around how legacy holders manage and eventually unwind vast positions. Holding spot bitcoin directly, especially ...

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