💸Is the Satoshi-era Whale Done Selling?

👉Despite moving 16,000 $BTC the original wallet still holds 3,157 BTC worth $371 million so more could be coming.

👉Analysts are watching three things to see near-term direction: More deposits from Galaxy Digital; On-chain alerts for whale movement clusters; Shifts in open interest and funding rates in derivatives markets.

If nothing happens for a while, it will help to restore confidence, but for now traders are cautious.

👉A Satoshi-era whale moved 80,000 BTC worth over $8.8 billion on July 15, causing market panic. After sending 16,843 BTC to Galaxy Digital, Bitcoin dropped 5.6% to $116,718, with derivatives open interest down 2%.

👉Some funds went to Binance and Bybit, but most remain untouched. Analysts think this is OTC-based repositioning, not a dump. On-chain data shows 3,157 BTC still held, and no further exchange inflows yet.#satoshiNakamato #Bitcoin❗