🐳 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.
✅ Current Price: $0.23297 🟢 1-Year Growth: +128.87% 🟢 Last 30 Days: +41.39%
👀 ATH (All-Time High): ~$0.73 in May 2021
🚀 What It Needs to Reach $1: A 4.3x increase from the current price. A market cap near $140–180 billion. Strong bullish momentum like in 2021 (Elon Musk tweets, retail hype, major listings, etc).
📈 Current Momentum Looks Positive: ✅ Price has more than doubled in a year (+128.87%). ✅ Volume is high: Over 2.27 billion DOGE traded in the last 24h. ✅ MA(7) > MA(25): Short-term trend is above the long-term trend—bullish signal. ✅ Strong Support: Around $0.15–$0.18 seen in recent candles.
❌ But price rejected hard at ~$0.48 — next attempt at $1 will need very strong catalysts.
🔮 So, Will Dogecoin Hit $1?
Short-term (2024): ⚠️ Low possibility — It would require a big event like major Elon Musk support or a sudden crypto bull run.
Mid-term (2025–2026): 🟡 Moderate possibility — If the bull market continues and DOGE breaks resistance like $0.48 or $0.73, it might climb close to $1.
Long-term (5–10 years): 🟢 High possibility — With growing adoption, meme culture, and use cases (like payments), $1 is very possible in the long run.
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