A major Bitcoin Whale has just made headlines after selling his entire holding of over 80,000 BTC, which was untouched for 14 years According to Lookonchain. The wallet sent the last 40,192 BTC (worth $4.83 billion) to Galaxy Digital earlier today. This completes a three-day unloading of the full stash—80,202 BTC worth around $9.53 billion—at an average selling price of $118,834.
Source: X
What’s more shocking? This Bitcoin OG's original investment was just around $132,000—making it a 72,000x profit.
The sudden activity from this wallet, inactive since 2011, triggered speculation that it might be linked to Satoshi Nakamoto himself which holds over 1,1 Million BTC. The 80K BTC, originally received in April 2011 at $0.78 per coin, had been quietly split into eight wallets and untouched—until now.
On July 4, 2025, Lookonchain reported that this accumulation had begun shifting coins.
40,009 BTC were already sent to Galaxy Digital, who later moved 6,000 BTC to Binance and Bybit to sell.
Yesterday, the final batch was moved to another wallet, preparing for today’s massive offload.
Although there's no proof this whale is Satoshi, the smart timing suggests he knew about the ongoing crypto bull run 2025 and chose the best moment for profit booking.
At the time of the final sell, Bitcoin price today was around $120,075.60, showing a 1.50% daily rise. The global market cap stood at $2.39 trillion with a 24-hour volume of $49.92 billion.
Source: CoinMarketCap
The whale's exit from BTC seems to have shifted market focus to altcoins. Many believe that part of the billions gained might now be flowing into Ethereum and XRP—which are both showing strong rallies.
Today, Ethereum rose 8% in 24 hours and is now priced at $3,613.48, with a market cap of $436.23 billion and a trading volume of $53.74 billion. ETH is up 22% in a week and 42% in a month, raising questions like: why is Ethereum going up today?
Some experts are tracking two newly created wallets that withdrew over 206,000 ETH (worth $745 million)—one from Kraken and the other from FalconX. It's possible these wallets belong to the same Bitcoin Whale, who may be diversifying into ETH post-sale.
Source: X
Major purchasers such as World Liberty and BitMine have also been responsible for the rise of ETH. World Liberty purchased 70,143 ETH at $251M, and BitMine purchased 137,515 ETH at $476M, increasing their position to 300,657 ETH ($1.04B).
Meanwhile, XRP has been in the limelight. The token is currently priced at $3.60, an 18% increase on a daily basis. It's increased by 40% in the last week and 66% in the last month. Some believe the Bitcoin Whale or other whales might now be backing XRP too.
Today, the global crypto market is up by 4%, now reaching over 4 trillion market cap for the first time in history. Many believe the crypto bull run 2025 has officially begun.
According to crypto analyst Ali Martinez, if Bitcoin closes above $121,000, it could quickly move toward $132,000, setting a new all time high. Since Bitcoin price today has already crossed that mark, traders are optimistic.
Source: X
With this big whale exiting BTC and possibly entering ETH and XRP, traders are closely watching whale wallet movements. The entire market sentiment seems to be shifting, with altcoins taking center stage. As this news spreads, investors are preparing for more surprises.
The Bitcoin Whale 14-year-old sell-off was one of the largest profit-booking events in crypto history. With Ethereum and XRP now rebounding sharply, it is obvious that the market is at last turning the corner. All attention now is on if these altcoins can stand their ground as big money hands over.
Disclaimer: This is for informational purposes only and not an investment representation. Always do your own research before investing.
Deepmala Upadhyay is an experienced crypto journalist, content strategist, and News writer with over 5 years of expertise in writing and the crypto industry. Holding a Bachelor's Degree in Computer Science and a deep understanding of blockchain technology and financial markets, she excels in delivering exclusive news, in-depth research blogs, and expertly crafted on-page SEO content. As a team lead and content writer at CoinGabbar, Deepmala is responsible for analyzing blockchain technologies, cryptocurrency, price movements, and the crypto market with precision and insight. Her keen ability to create well-researched, impactful content, combined with her expertise in market analysis, makes her a trusted voice in the crypto space.