#BTCWhaleTracker 🐋 Major whale transactions

1. Satoshi‑era whale awakens

A wallet dormant since 2011 (holding $4.7 billion)** to Galaxy Digital’s OTC desk on July 15, 2025 .

The transfers included staggered batches (~9,000 BTC, 7,843 BTC, then the rest), likely preparing for sale via OTC over several days to reduce impact .

2. Follow-up activity

A related wallet moved another 20,000 BTC (~$2.3 billion) to Galaxy Digital earlier, marking the whale’s first sell-off in 14 years .

SpotOnChain reported an additional 8,500 BTC (~$1 billion) moved in a recent tranche, reinforcing the gradual liquidation narrative .

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📊 Market implications

Whales cashing out: These moves reflect large-scale profit-taking. With part of the holding liquidated, we could see either a slowdown or a wave of continued sales .

OTC selling strategy: Using Galaxy Digital’s OTC desk suggests a preference for discreet, blockprint-friendly exit strategies—minimizing slippage and market shock .

Price reaction: Despite the selling pressure, BTC recently hit an ATH above $123k, then pulled back to the current ~$118.7k, signaling market absorption .

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🔍 What to monitor next

Additional whale movements: Keep an eye for more dormant-wallet transfers—follow Galaxy OTC deposits.

Exchange whale ratios: Watch inflow/outflow ratios from top addresses on CryptoQuant—rising exchange inflows may suggest more systemic sell-side activity .

Whale Alert feeds: Tools like Whale Alert, Nansen.ai, Arkham, Crypto Alerting, and DexCheck are excellent for real-time alerts .

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🧭 Strategy & outlook

Shorting vs consolidation: If the whale continues selling, mid‑cycle pullbacks or consolidation phases could unfold.

Price levels to watch:

**$113k–$111k**: support zones based on short‑term holder activity .

**$124k–$136k**: recent resistance, with potential for further upside if whale selling subsides.