In July 2025, a long-dormant Bitcoin whale, inactive since the Satoshi era, transferred over 80,000 BTC, igniting discussions among market participants and institutional communities.
Massive Bitcoin Movement
The dormant whale moved over 80,000 BTC, valued at around $9 billion, through Galaxy Digital, acting as the main custodian. Portions of these funds were sent to major exchanges and OTC desks, indicating a strategic reshuffling rather than immediate liquidation.
Market's Resilience to Large Transfers
Despite an initial 3% dip in Bitcoin prices due to market anxiety, data suggests that the infrastructure absorbed the impact efficiently. This illustrates the growing institutional participation and capability of the market to accommodate large inflows without significant price fluctuations.
Future Implications for the Market and Institutional Trends
The movement of this whale reaffirms Bitcoin's evolving market resilience. There were no substantial price collapses, fostering confidence in institutional developments. As Ki Young Ju, Founder & CEO of CryptoQuant, noted, 'Last cycle, whales sold to retail. This time, old whales sell to new long-term whales.'
The transfer from the long-dormant Bitcoin whale serves as an indicator of market maturity, reflecting readiness for larger institutional flows and improvements in asset distribution structures.
