#IfYouAreNewToBinance #FollowTheirMoneyMoves
🐳 Major On‑Chain Whales Making Waves
1. 40,192 BTC ($4.77 billion) moved
A decade-dormant "Satoshi-era" bitcoin whale transferred 40,192 BTC (≈ $4.77 billion) from its 2011 wallet to a new address — possibly indicating further selling ahead.
Earlier this week, the same whale sent around 40,009 BTC (~$4.7 billion) to Galaxy Digital’s OTC desk Blockchain News+6AInvest+6Live Bitcoin News+6. This distribution has already triggered some BTC to be moved to exchanges (Binance, Bybit), raising concerns of potential liquidations .
2. 1,042 BTC ($123 million) reactivated
Another whale, silent since 2019, moved 1,042 BTC (~ $123 million) to a new wallet. The stash originated six years ago at under $9k per BTC X (formerly Twitter).
3. 117,678 ETH ($374 million) in Ether transfers
A whale moved over 117,678 ETH (~ $374 million) in under four hours. Notably, 40,000 ETH (~$127 million) were deposited to Kraken; the rest went across Coinbase and Cumberland .
4. 1.5 million Pi Coins (~$780k–$780k?)
Coin whales transferred 1.5 million Pi tokens to exchanges, sparking speculation of a potential price drop — although Pi remains a niche token.
⚙️ What This Means for the Market
Bitcoin:
The massive BTC movements from wallets inactive since 2011 (≈ 80k BTC in total) represent some of the largest on-chain Bitcoin transfers in history.
Market impact has been noticeable: BTC briefly hit new highs (~$122k–123k), but a mild pullback (~0.7%) followed .
Analysts point to a maturing market: “Bitcoin is now one of the most deeply liquid markets on Earth”—able to absorb billion-dollar moves without dramatic collapse BeInCrypto.
Ethereum:
The ETH transfers, while significant, appear more like internal repositioning by whales rather than outright dumps—no corresponding price drop was recorded; ETH was up ~6.6% over 24 hours .
🔍 Summary of Today's Biggest On‑Chain Transfers
AssetVolumeApprox. ValueNatureBTC40,192$4.77BDormant whale reactivatesBTC40,009$4.7BSent to Galaxy DigitalBTC1,042$123MSecondary dormant wallet movedETH117,678$374MWhale moving to exchangesPi Coin1.5M~n/aWhale transfer to exchange
📌 Key Takeaways
The BTC whale reactivation is by far the largest single on-chain transfer today, with potential implications for market supply and sentiment.
ETH whale activity is substantial but doesn’t appear to be bearish — likely internal repositioning or liquidity provisioning.
Other token movements (like Pi) remain niche but still worth monitoring for token-specific impacts.
