Satoshi-Era Bitcoin Now For Sale: Galaxy Digital Sends 1,500 BTC To Binance
The post Satoshi-Era Bitcoin Now For Sale: Galaxy Digital Sends 1,500 BTC To Binance appeared on BitcoinEthereumNews.com. Bitcoin is currently consolidating between $115,000 and its all-time high of $123,000, forming a tight range that has kept both bulls and bears on edge. Despite the recent surge, price action has slowed, and while bulls are holding strong above key levels, market participants are growing cautious about the potential for a correction. Adding to the uncertainty is the resurfacing of a Satoshi-era whale. Top analyst Darkfost has been tracking this long-dormant wallet, which recently transferred 80,000 BTC to Galaxy Digital, a major player in digital assets and AI infrastructure. The move immediately triggered speculation across the crypto space, as such large transfers are often associated with upcoming sales. The timing of this transfer is crucial. It coincides with increased exchange inflows and rising discussions of institutional profit-taking. With the market already in a delicate position, the possibility that a portion of this massive BTC stack could be sold has analysts and investors bracing for elevated volatility. Whale Starts Selling: 1,500 BTC Sent To Binance Darkfost has confirmed that Galaxy Digital has just moved 1,500 BTC to a Binance deposit address. These coins were previously part of the massive 80,000 BTC linked to a Satoshi-era whale who recently reactivated their wallet. The latest transfer suggests that a portion of this historic stash is officially up for sale. At current prices, the 1,500 BTC represents around $180 million in market value. More importantly, it marks one of the fastest and most significant offloads ever recorded from a single wallet, with the total 80K BTC valued at roughly $9.54 billion. While they have only moved a small fraction to exchanges so far, the sale could signal larger intentions. Some view this transfer as a potential warning sign, especially given the current consolidation above $115K. In their view, such high-volume activity from a…
The post Satoshi-Era Bitcoin Now For Sale: Galaxy Digital Sends 1,500 BTC To Binance appeared on BitcoinEthereumNews.com.
Bitcoin is currently consolidating between $115,000 and its all-time high of $123,000, forming a tight range that has kept both bulls and bears on edge. Despite the recent surge, price action has slowed, and while bulls are holding strong above key levels, market participants are growing cautious about the potential for a correction. Adding to the uncertainty is the resurfacing of a Satoshi-era whale. Top analyst Darkfost has been tracking this long-dormant wallet, which recently transferred 80,000 BTC to Galaxy Digital, a major player in digital assets and AI infrastructure. The move immediately triggered speculation across the crypto space, as such large transfers are often associated with upcoming sales. The timing of this transfer is crucial. It coincides with increased exchange inflows and rising discussions of institutional profit-taking. With the market already in a delicate position, the possibility that a portion of this massive BTC stack could be sold has analysts and investors bracing for elevated volatility. Whale Starts Selling: 1,500 BTC Sent To Binance Darkfost has confirmed that Galaxy Digital has just moved 1,500 BTC to a Binance deposit address. These coins were previously part of the massive 80,000 BTC linked to a Satoshi-era whale who recently reactivated their wallet. The latest transfer suggests that a portion of this historic stash is officially up for sale. At current prices, the 1,500 BTC represents around $180 million in market value. More importantly, it marks one of the fastest and most significant offloads ever recorded from a single wallet, with the total 80K BTC valued at roughly $9.54 billion. While they have only moved a small fraction to exchanges so far, the sale could signal larger intentions. Some view this transfer as a potential warning sign, especially given the current consolidation above $115K. In their view, such high-volume activity from a…
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