Bitcoin Whale Moves 80,000 BTC — Is A $9 Billion Dump Coming?
Posted On July 15, 2025
Bitcoin (CRYPTO: BTC) has retraced 3% and fallen below $118,000, with a ‘whale’ identified as the potential seller triggering the price downturn.
What Happened: On-chain data provder Lookonchain flagged on Tuesday that a whale owning 80,009 BTC, valued at about $9.46 billion, has started liquidating his position.
So far, 40,009 BTC was transferred to Galaxy Digital. Galaxy Digital has already deposited 6,000 BTC — $706 million — to exchanges Binance and Bybit, signaling active distribution.
The news drew strong attention on social media.
Market commentator Nuke Capital noted how this move came near range …
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