š¼ "Mind-Blowing Crypto Moves: 80,000 BTC and 586K SOL Shifted in a Single Day"
#CryptoFundsOnTheMove #IfYouAreNewToBinance
The most significant crypto whale movements from yesterday:
š Bitcoin Mega Transfer: ~āÆ80,000āÆBTC (~USāÆ$8.6āÆbillion)
From: Eight Satoshi-era wallets untouched since 2011
Details: Each moved 10,000āÆBTC in early July, totaling ~80,000āÆBTC
Possible Reasons: Arkham suggests it was a wallet upgrade from legacy addresses to native SegWit (bc1q), not a sale
No sell-off signs: Funds landed in nonāexchange addresses and have remained idle
Who is behind it? Speculation points to early Bitcoin figures like Roger Ver, but the identity remains unconfirmed
Impact: The move briefly unsettled markets, pushing BTC slightly lower, but it wasnāt a dumping signal
šø Two Large Bitcoin Wallets: 20,000āÆBTC (~USāÆ$2āÆbillion)
What happened: Two wallets sent 10,000āÆBTC each (~$2āÆbillion combined) to new addresses
When: Early Friday
Interpretation: No signs of selling pressureālikely part of broader repositioning rather than exit
š„ Solana Whale to Exchange: 586,233āÆSOL (~USāÆ$89āÆmillion)
What happened: A whale transferred 586,233āÆSOL ($88.99āÆmillion) to Coinbase
Potential Significance: Moves to exchanges usually suggest sell intent, though it could be institutional or rebalancing flows
š§ Summary & Outlook
Bitcoin whale activity appears strategic, not panic-drivenālikely wallet migrations or security upgrades.
No immediate reason for alarm; no large inflow to exchanges for BTC.
Solana move, however, might be more significantācould precede price changes depending on whether the SOL is sold or reinvested.