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Arkham: $8.6B Bitcoin Whale Transfer Likely Not a Sell-Off

2025-07-06 13:24:38

Arkham: $8.6B Bitcoin Whale Transfer Likely Not a Sell-Off

Main Idea

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Description

Blockchain intelligence firm Arkham has clarified that the recent $8.6 billion worth of Bitcoin moved on Thursday, for the first time in over 14 years, is unlikely heading toward a sell-off. In an X post on Friday, Arkham stated , “There are no indications that this whale is selling Bitcoin,” providing reassurance to market participants closely watching the transaction. The transfer involved 10,000 Bitcoin at a time from eight wallets that had remained untouched since 2011, sparking curiosity ac...

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