14-Year-Old Bitcoin Whale Shakes Market: $1.6B BTC Move Sparks Dip Fears
A dormant Bitcoin whale just woke up—and the market’s sweating. $1.6 billion in BTC suddenly on the move after 14 years of HODLing. Timing’s suspicious, right? Classic ‘buy high, panic low’ retail traders brace for impact.
Whale alert or whale tale? This isn’t your average ‘hodler’ cashing out. The coins predate the Mt. Gox era—back when mining rewards were still triple digits. Either someone found a lost hard drive, or a very patient investor just decided 2025’s the year to rock the boat.
Market makers hate this one trick. While Wall Street’s algo-traders overcomplicate everything with ‘liquidity cascades,’ crypto’s OG whales still move markets with a single transaction. Guess which one’s more entertaining to watch?
Next stop: volatility city. Whether this triggers a flash dip or just another ‘buy the rumor’ frenzy depends on whether the whale’s dumping or just flexing. Either way—grab popcorn. And maybe remind your portfolio that diamond hands beat paper hands every time.
Will BTC Face Further Correction?
Bitcoin (BTC) experienced one of its most significant rallies over the last few weeks. The asset climbed to a new all-time high of $122,838 on July 14. The incredible rally was likely due to increased ETF inflows from financial institutions and corporate treasury buys. BTC’s price has since declined to the $115,000 level.
According to Coingecko’s BTC data, bitcoin has faced a substantial price dip over the last few days. The original crypto is down 2.5% in the daily charts, 3.2% in the weekly charts, and 1.6% in the 14-day charts. BTC continues to maintain some gains in the monthly and yearly charts, rallying 8.5% and 80%, respectively.
BTC seems to have a supply gap at the $110,000 to $115,000 level. There is a possibility that the asset will dip to $110,000 before picking up steam. The latest correction could be due to increased profit-making after the asset’s climb to a new all-time high. Increased volatility may have spooked retail investors.
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BTC’s latest correction could also be fueled by the upcoming FOMC meeting. Market participants are eagerly waiting for the Federal Reserve’s stance on the US economy. A hawkish stance could lead to BTC’s price dipping further. There is also a chance that the Federal Reserve will cut interest rates after its next meeting. A rate cut could lead to an increase in risky investments as borrowing becomes easier. How the market pans out over the coming weeks is yet to be seen.
