Bitcoin Whale Moves Shake Market as 14,273 BTC Hits Exchange

A 14 year old wallet comes to life

In a surprising and rare event a Bitcoin wallet that has been dormant for 14 years has suddenly come into action which is a shocking moment for everyone in the crypto industry.

The wallet was dubbed a fossil hand by the crypto community and transferred an enormous amount of 14,273 Bitcoin whale moves which is valued around $1.67 billion into various exchanges through Galaxy Digital.

Looks like that the Bitcoin whale moves really sold this time, first over 10,000 BTC was traded on Binance in just 4 hours and second the Galaxy Digital pulled USDT from exchanges right after sending BTC there.

Source: X

This move has sent shockwaves across the crypto market especially. As 5,690 BTC were shifted in just one hour.

Galaxy digital facilitates High-volume movement

Galaxy appears to be the center of these movements coordination to a large-scale transfer in different exchanges in batches. On July 14, in one hour alone 9,000 BTC worth over $1.06 billion were handed over to Galaxy.

This transaction not only raised eyebrows due to its volume but also suggested a possible over the counter deal.

Based on the above shared data the original cost of these coins was as low as $0.78 which implies a potential profit of over 152,000 BTC if sold strategically.

On-chain signals point to real selling Pressure

The market data supports that this is not just a transfer but a true Seoul-off. Over 10,000 BTC were reportedly traded on Binance within just four hours, clearing it all and later it was confirmed by the Wu Blockchain about this heightened activity.

Source: X

Additionally Galaxy Digital withdrew a noticeable amount of USDT (Tether) after making the asset deposits and strongly indicated the selling indeed occurred  and was not just a reshuffling of the assets.

This is not the first time, Bitcoin whale moves has shaken the market. On July 18, a massive Bitcoin whale moves, inactive since 2011, recently sold his entire stash of 80,202 BTC —worth $9.53 billion—at an average price of $118,834. This sell-off, which involved coins acquired at just $0.78 in 2011, was executed through eight wallets and triggered a price crash from coin’s all-time high of $123,000 to $115,599.26. The wallet’s sudden activity, tracked by Lookonchain, led to speculation about a possible Satoshi Nakamoto link.

Now, another dormant whale has awakened after 14 years, moving 14,273 coins (worth $1.67 billion) into exchanges via Galaxy Digital. Over 10,000 coins was traded on Binance in four hours, and it withdrew USDT post-transfer—strong signs of an actual sell. With whales offloading massive holdings, many fear a deeper crash, possibly pushing down to $100,000.

Considering macroeconomic factors, political tensions, and the recent Fed stance, the market seems primed for further downside in the near term.

Bitcoin whale moves Shakes market confidence

This silent and sudden awakening Bitcoin whale moves has left the traders rattled and sparked speculation across the crypto sphere. The profit made by the holder is jaw-dropping but the broader impact on asset price and market stability remains to be seen.

As of now, the message is clear that even the quietest wallets can make the loudest noise too.