Early Bitcoin Whale Sells Over $600M in BTC After 13 Years of Holding
An early Bitcoin holder moved and liquidated more than $600 million worth of BTC after roughly 13 years on-chain, a rare large-scale sell that appeared as the market struggled to reclaim higher supply levels. The sale adds to visible distribution at prices below recent highs and comes as BTC faces strong resistance, repeatedly failing to push convincingly above the $105,000 zone.
The trade matters because sizable disposals from long-term holders can increase near-term supply and cap rallies, even as overall downside momentum has eased. Market sentiment remains mixed — cautious optimism from buyers trying to absorb supply, countered by lingering fear among sellers. Traders and observers should watch further whale flows and supply concentration around the $100k–$110k range to gauge whether selling pressure subsides or reasserts itself.