🐳 Satoshi‑Era Whale Moves $1.05 B to Exchanges via Galaxy Digital

📅 Date: Mid‑July 2025

Who: A Bitcoin wallet dormant since ~2011, part of an alleged Satoshi‑era cluster holding ~80,000 BTC. Recent movement began July 4, 2025.

🔍 What Happened?

On July 15, this long-silent Bitcoin whale transferred approximately 9,000 BTC, worth $1.05 billion, to Galaxy Digital. This was not an isolated move—earlier in July, the same wallet had already moved two massive chunks of ~40,000 BTC each, totaling ~80,200 BTC or roughly $9.5 billion. After receiving the BTC, Galaxy Digital reportedly forwarded around 6,000 BTC to major crypto exchanges like Binance and Bybit, suggesting a potential partial sell-off or liquidity move.

📊 Context & Metrics

This whale had been inactive for about 14 years, with the Bitcoin in question likely acquired in 2011 at prices under $4 per BTC. The total stash—80,200 BTC—is currently valued around $9.5 billion, based on recent Bitcoin price ranges between $118,000 and $123,000.

The July 15 transfer involved ~9,000 BTC, estimated at $1.05 billion, while the earlier two July batches each moved $4.7 billion each). Following these transfers, at least 6,000 BTC were sent from Galaxy Digital to trading platforms, raising eyebrows across the market.

Bitcoin’s price has recently hit an all-time high near $123K, but following the whale activity, it dipped to around $118K, creating speculation that these OTC transactions are influencing market sentiment—even if not directly impacting public order books.