THE THREAT OF THE WHALE.
🐋 What is happening is worthy of a crypto novel. One of the early believers and creators of Bitcoin —an OG figure with coins mined between 2010 and 2011— has begun to sell 80,000 $BTC that had been untouched for 14 years. And he is not doing it to get rich, but with the apparent intention of slowing down the market.
📉 This movement has generated concern because:
- It is being carried out through platforms like OKX, Binance, Bybit, and Galaxy Digital, suggesting an institutional strategy.
- Galaxy Digital, in particular, works with large investors, not retail, reinforcing the idea of a negotiated sale off the open market.
- According to OnChainSchool, this type of historical sale often coincides with times of high speculation and could be designed to generate FUD (fear, uncertainty, and doubt).
💡 Some analysts compare this pattern to the “bond vigilantes” in traditional markets: actors that intervene to correct excesses. In this case, it seems that this whale wants to prevent the crypto market from overheating.
Do you think this will affect $XRP , $SOL , and other #Altcoins👀🚀 ?