"Whale" sells 80,000 BTC for 2 billion USD after Bitcoin reaches ATH

An anonymous Bitcoin "whale", holding over 80,000 $BTC , has started selling 2 billion USD worth of Bitcoin through Galaxy Digital, one day after the BTC price set a new all-time high.

Developments and impact

On the morning of July 15, 2025, this wallet cluster transferred 16,843 BTC (equivalent to 2 billion USD) to Galaxy Digital, and then 2,000 BTC was transferred to #Binance and Bybit. This move is a profit-taking action after this whale held the BTC for 14 years.

This wallet cluster "awoke" in early July, moving 80,009 BTC (8.7 billion USD at that time), and just a few days later, Bitcoin rose from 107,000 USD to an ATH above 123,000 USD. The identity of the whale is believed to be a miner from 2011. This news had a slight impact, causing the BTC price to adjust to around 117,000 USD.