Satoshi-era whale moves over $4 Billion BTC

The Satoshi-era whale who sent shockwaves across the market on July 15 might be selling again.

The big move. A Satoshi-era whale transfered 80K BTC.

According to data provided by Onchain Lens, a Satoshi-era Bitcoin OG recently moved $4.77 billion worth of Bitcoin to a single wallet. The massive whale recently transferred 40,009 BTC ($4.69 billion) to Galaxy Digital. The move was believed to be the key reason behind Bitcoin's rapid correction.

HODLers take profit. This large movement hints at potential continued profit-taking from early Bitcoin holders.

The most recent transfer indicates that this selling might continue in the near future. Bitcoin is currently trading at $118,438 after adding 0.6% over the past 24 hours, according to CoinGecko data. $BTC