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Satoshi-Era Whale Dumps 9,000 BTC for $1B+ Amid Bitcoin’s Slide Below $117K

Satoshi-Era Whale Dumps 9,000 BTC for $1B+ Amid Bitcoin’s Slide Below $117K

Author:
Coindesk
Published:
2025-07-15 11:11:58
19
1

Satoshi-Era Whale Sells 9K BTC for Over $1B as Bitcoin Dips Below $117K

Bitcoin's old guard cashes out—hard. A single whale from crypto's primordial era just unloaded 9,000 BTC, netting over $1 billion as prices wobble below $117K. The move sends tremors through markets already jittery about institutional overexposure.

Timing is everything—or is it greed?

While 'HODL' remains retail's battle cry, this whale chose chaos. The sell-off coincides with Bitcoin's 14% monthly drop, sparking debates: strategic exit or loss of faith? Meanwhile, Wall Street's Bitcoin ETFs now hold more BTC than Satoshi himself—irony tastes like overpriced coffee.

One thing's clear: when OG whales move, the ocean gets rough. And somewhere in Bermuda, a hedge fund manager just ordered another gold-plated yacht—'diversification,' darling.

|Square

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