A Bitcoin, which has been still in motion since 2011 
$116,523.39 His whale reportedly transferred more than half of his 80,000 BTC presence to Galaxy Digital. A total of 40.010 BTC Galaxy Digital’s (OTC) processing table was directed to the wallets of the process table. The transfer is about 4.7 billion US dollars.
Details of the big transfer
The relevant transfers were made at two different addresses connected to each other. The first address sent a total of 20,000 BTC in several stages. The second address transferred 20.010 BTC immediately after. Both transfers were forwarded to the OTC processing unit of Galaxy Digital. It is stated that the hours of the transaction are usually low -volume times for the crypto money market. Bitcoin’s market value the day before the transfer left Amazon for a short time and the price increased to over $ 122,000. However, it is observed that the BTC price decreased to $ 117,000 with the withdrawal.
According to experts, this great transfer may be the first cash of the assets in the hands of the whale. The relevant wallets belonged to the period in 2011, when Bitcoin’s value was below $ 30. Considering the transfer amount, the return of the wallet owner means millions of times an increase.
Speculation on identity and sales plans
When the process history was analyzed, various allegations were made about the identity of the whale. Some circles point to high -level actors such as Roger Vers or Intelligence Institutions in the field of crypto, while others think that transfers may belong to Bitcoin’s creator Satoshi Nakamoto. However, the real identity of the whale has not been determined so far.
Onchain Lens: “This transfer shows that the whale is moving to translate their assets for the first time. The address behind the movement points to a miner of the 2011 period that carries the funds for the first time on American Independence Day.”
Experts point out that transfers to Galaxy Digital are generally preferred for large volume transactions. In the transactions performed through OTC tables, it is possible to keep the privacy and price shift at a minimum. For this reason, the whale is said to choose this way instead of selling direct stock exchanges.
Following the transfers, nearly half of the a total of 80,000 BTCs, which are the whales in the markets in the past, are still still inactive. The remaining assets were kept in different wallets. It is foreseen that the whale can maintain sales transactions in pieces and that it may approach the market carefully in order to avoid major price fluctuations in this process.
The transfer is considered as one of the biggest movements of the Bitcoin market. Many investors and analysts closely follow such major transactions to determine the institutional interest and general trend in the market.
Some sources argue that only a portion of the transaction may be for the final sales purposes, and the rest of the assets are kept waiting. Analysts observe whether similar transfers will continue in the coming days.
According to the data obtained, this transfer is also remarkable in terms of over -chain mobility. The fact that 80,000 BTC has not been moved for more than 10 years and now half of the movement has significantly affect the crypto currency agenda.
In the past, a large number of large Bitcoin wallets made loaded with low prices and has been still still. Experts think that similar wallets can bring mobility to the market in the future. Such transactions can shed light on the preferences of large -volume investors. Investors can follow the effects of large -scale transfers on the market in the short term and the trends of corporate participation in the long term.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
