Satoshi Nakamoto’s whale of the era makes a $ 500 million bitcoin transaction

One of the largest bitcoin whales, which has been silent for a long time, has transferred the last BTC $117,859.76 Bitcoin -0.64% Market capitalization $2.34 trillion VOL. 24 hours $2.54 billion to the account of Galaxy Digital. According to analysts, the wallet, which had remained inactive for more than five years, has been transferred with the entire remaining amount of more than 8,000 bitcoins, with a market value of more than $ 500 million.

Blockchain observers note that this wallet used to belong to the top ten richest BTC holders. In recent months, the whale has made several significant transactions, and the final transfer to Galaxy Digital probably indicates the final completion of the strategy of storing coins on private addresses.

Galaxy Digital is a large digital asset financial service that actively handles bitcoin transactions for its own and institutional clients. Such transfers of large sums usually attract interest from the crypto community, as they can affect market dynamics and the price of an asset.

Analysts emphasize that the movement of coins from old wallets often signals a change in sentiment or strategy of large holders, and may also reflect new liquidity or operational needs. So far, there has been no direct impact on the BTC exchange rate, but such transactions remain under close market scrutiny.

Experts believe that monitoring the activity of such major players provides additional indicators of sentiment in the cryptocurrency market and may indicate a change in macro trends in the near term.