Bitcoin Price Crash Ahead? Satoshi-Era Whale Dumps 12,000 BTC

Share This Post

Bitcoin OG Whales Are Taking Profits Dumping $1.1B As BTC Prices Hit $107K

The post Bitcoin Price Crash Ahead? Satoshi-Era Whale Dumps 12,000 BTC appeared first on Coinpedia Fintech News

The crypto market was caught off guard today, a Satoshi-era whale, one of the earliest Bitcoin holders, suddenly transferred 12,000 BTC worth $1.4 billion to an exchange.

The unexpected transaction has sparked panic among traders, with growing fears that this could trigger a massive sell-off.

Satoshi-Era Bitcoin Whale Made $1.4 Billion In Profit

According to on-chain data, the wallet has finally broken its 13-year silence, a period during which it remained untouched as Bitcoin rose from under $100 to over $100,000.

Out of nowhere, 12,000 BTC, worth roughly $1.4 billion at current prices, was moved in a series of transactions. Analysts confirmed this was one of the most profitable on-chain sales in Bitcoin’s history.

The unexpected move has left the market on edge. While some traders view it as a sign of fading confidence among early holders, others believe it’s simply a case of long-awaited profit-taking after years of patience.

Fear of a Massive Sell-Off

Following the transfer, Bitcoin’s price briefly dropped 2% as traders speculated that the whale might be selling their holdings on exchanges..

Some analysts described the market as being in a “decision zone,” where whale activity could dictate the next major move. “If this selling pressure continues, we could see cascading liquidations,” warns that over-leveraged positions might amplify the drop.

Such large transactions often create panic in the market, as they suggest heavy selling could follow

Bitcoin Faces Crucial Resistance

According to on-chain data, the whale’s move came just as Bitcoin approached a crucial technical resistance zone. Prominent crypto analyst Ted, who has been closely tracking Bitcoin’s price action, pointed out that BTC is currently facing a tight battle between bulls and bears around the $104,000–$105,000 range.

Bitcoin price chart

He explained that if Bitcoin can successfully reclaim and hold above $105,000, it could trigger renewed buying momentum, potentially pushing prices higher toward the $107,000 mark and beyond. 

However, if it fails to break through this resistance, the next move could be brutal: a drop back to the $100,000 support zone, or even lower.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ethereum Shows Strength: Indicators Suggest Bigger Moves Ahead

Ethereum is gaining momentum, and several technical signals suggest that a significant move could be on the way With key support levels holding and bullish patterns forming, the market may be setting

Terra’s Fallen Empire Flickers: LUNC and LUNA Rally Into Upgrade Week

While Terraform Labs founder Do Kwon is slated for sentencing later this week and the Terra Classic v218 upgrade heads down the runway, both luna classic (LUNC) and luna (LUNA) have been enjoying a

Corporate Bitcoin portfolios are hiding a massive liability crisis that triggered an average 27% crash last month

Corporate Bitcoin holdings have been treated as a straightforward signal for years: a company buys BTC, investors read it as conviction, and the stock trades with a built-in Bitcoin premium While

Coinbase Opens 24/7 Trading for All Altcoin Monthly Futures, Perpetuals Next

Coinbase has activated 24/7 trading for all altcoin monthly futures, with perpetual-style contracts arriving soon, expanding derivative access that could boost liquidity and price discovery across a

Polish Lawmakers Fail To Override President’s Veto On Crypto Market Bill — Report

According to the latest report, the lower house of Poland’s parliament has failed to overturn the President’s veto of the Crypto-Asset Market Act Earlier this week, the Polish President, Karol

AI Smart Contract Exploits: Expert Warns Agents Could Trigger $10–20B Annual Losses in DeFi Sector

A recent study by MATS and Anthropic Fellows confirms that AI agents can profitably exploit smart contract vulnerabilities, establishing a “concrete lower bound” for economic harm Novel Exploits