Whales are moving again — but where will this lead?
July 15, 2025 — the 'Satoshi era whale' revived wallets and transferred 40,000 BTC to Galaxy Digital.
July 18 — second wave: another 40,192 BTC.
July 25 — tranches of ~$1.1 billion BTC began leaking to exchanges, prompting speculation about an upcoming unload.
Beginning of August — Whale Ratio rose to 0.5, historically this is the 'turbulence' zone.
Market reaction:
BTC, after a new ATH of $124k, got stuck in a range, but every large volume influx causes immediate spikes.
Traders are nervous: is this preparation for a massive dump or, on the contrary, creating liquidity for OTC deals without a price crash?
The intrigue is that:
— If whales are really 'dumping' on the market → we expect a deep correction.
— If this is just a liquidity play, we might get shaken out in panic before the market shoots up.
What do you think, is this the start of a big unload or a trap for the crowd?
