When whales move billions of cryptocurrency, it's time to pay attention rather than worry. Funds are hitting several exchanges. GalaxyDigital has deposited over 10,000 $BTC ($1.18B) to exchanges in the past 8 hours, with Bitcoin OG holding 80,009 $BTC ($9.68B). The market is monitoring whether it's noise, repositioning, or profit-taking.
Source: Lookonchain
Lookonchain shows that Galaxy Digital has deposited over 10000 tokens which is worth $1.8B to different exchanges in the past 8 hours, impacting its price dip. The major exchanges to which deposits are made are OKX, Bybit, coinbase and Binance.
Source: Arkham
Over the past hours, approx ~370M $USDT has been withdrawn from major exchanges OKX, Binance, and Bybit. According to the market analytical firm, the transfer occurs after a Satoshi-era whale sent more than 80,000 coins, which the whale had not used for 14 years. Earlier this month, the inactive addresses were reactivated, starting the transfer of all currencies at a time when Bitcoin hit new all-time highs surpassing $122,000.
Source: Arkham
According to Arkham data the company now holds 18.504K of BTC valuation of $2.13B with a buying price of $115,255.
Source: Conmarketcap
Token is trading at $115,920 with a dip of 2.31%. The major cause of the price drop is that big whales are selling off BTC for liquidation and large inflows to the exchange. Reached a New High of $123,153 in July 2025, making the Bull Run just Getting Started!
Crypto whales are playing cleverly. They know when is the right time to sell off and take profit. One of the main reasons for the fall in the price of Bitcoin can be the selling and profit-making by large investors (whales). When large investors sell their Bitcoins, it increases the supply in the market, which reduces the prices.
The coin is preparing for its final rally to the top, likely reaching $125k and then crashing downwards. The downtrend is signaling coin are going down and then coming up with optimist behavior. Major cryptocurrencies have experienced corrections before reaching significant milestones, but these are part of a healthy market cycle. The world crypto currency experienced a few corrections before reaching a huge milestone.
Sheetal Jain is a seasoned crypto journalist, content strategist, and news writer with over three years of experience in the cryptocurrency industry. With a strong grasp of financial markets, she specializes in delivering exclusive news, in-depth research articles and expertly optimized on-page SEO content. As a Crypto Blog Writer at CoinGabbar, Sheetal meticulously analyzes blockchain technologies, cryptocurrency trends and the overall market landscape. Her ability to craft well-researched, insightful content, combined with her expertise in market analysis, positions her as a trusted voice in the crypto space.
1 month ago
good
1 month ago
good