🐋 Recent Movements of Large Wallets

7,743 BTC (~US$ 916 million) were transferred from Coinbase to an unknown wallet on July 19, possibly signaling institutional accumulation or cold storage (Cointelegraph).

An “OG” wallet (dormant since 2011) moved 80,000 BTC in recent weeks, including significant batches to Galaxy Digital (CoinDesk).

These transfers generated volatility but do not always indicate immediate selling—some may be strategic reallocations or restructuring (Mitrade, The Block).

📈 Accumulation vs. Distribution Trends

Net inflow to exchanges: in the last 7 days, about 12,000 BTC were sent to exchanges—a peak that signals both sales and opportunities for accumulation by other whales (Cointelegraph). Historical data shows that, during this semester, these whales are in positive net flow—accumulating more than they are selling (CryptoPotato).