Satoshi-Era Bitcoin Whale Abruptly Transfers Another $4.7 Billion Worth Of BTC, Stoking Fears Of Sell-Off
2025-07-17 16:46:07
Main Idea
A Satoshi-era Bitcoin whale transferred $4.7 billion worth of BTC, raising speculation about a potential sale, while other major holders continue to hold their assets.
Key Points
1. A Satoshi-era Bitcoin wallet transferred 40,192 BTC ($4.77 billion) to a new wallet, following a previous transfer of 80,000 BTC in batches.
2. The whale moved 40,009 BTC to Galaxy Digital, OKX, and Binance, with the rest remaining unsold, possibly to avoid market disruption.
3. Bitcoin recently hit a record high of $122,838, surpassing Amazon's market capitalization to become the world's fifth-largest asset.
4. Satoshi remains the largest BTC holder with 1.1 million BTC (5% of total supply), while other major holders like the Winklevoss twins and Michael Saylor's MicroStrategy hold significant amounts.
5. MicroStrategy holds approximately 601,550 BTC, acquired at an average cost of $71,268 per coin, making it the largest public Bitcoin holder.
Description
A Satoshi-era Bitcoin wallet that recently woke up from a 14-year slumber earlier this month has just shifted the second half of its stash to a new address.
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