News / Bitcoin Market on Edge After 80,000 BTC Moves - Hidden Whale or Satoshi?

Bitcoin Market on Edge After 80,000 BTC Moves - Hidden Whale or Satoshi?

Published: 05.07.2025

Bitcoin Dips to $108K After 80,000 Dormant BTC Moves - Market Eyes Potential Correction

Bitcoin fell to $108,035 after an unexpected transfer of 80,000 BTC—coins that had been untouched since 2011. Initially acquired when Bitcoin traded under $1, the tokens were moved on July 4 in two large transactions, sparking speculation and anxiety across the crypto space.

This marks the largest activation of long-dormant Bitcoin in over a decade. While there were no signs of the coins heading toward centralized exchanges, the sheer volume triggered automated sell signals and raised concerns of a looming dump at near-record prices.

The market reacted swiftly. Long positions were liquidated, short sellers took aim around the $110,000 resistance, and BTC slid nearly 2% in just a few hours.

Key Stats:

BTC price drop: $110,000 → $107,600
24h trading volume: $41.3 billion+
Dormant BTC moved: 80,000 BTC (~$8.6 billion)
Current price: $108,035

Despite initial panic, the fact that the coins weren’t sent to exchanges hints at internal wallet reorganisation rather than an imminent sell-off. Still, the market remains cautious as traders await further clues.

Feel free to share our work. Thank you!

Disclaimer: The information and publications do not serve as, and should not be construed as, financial, investment, trading, or any other form of advice or recommendations endorsed or provided by Noirbull. Any expression of opinion (which may change without prior notice) reflects the author's personal viewpoint, and the author does not assert any representations or warranties regarding the accuracy or comprehensiveness of the information or analysis provided. Neither the authors nor Noirbull bear responsibility for any losses arising from investments made based on perceived recommendations, forecasts, or other information presented herein. The content of these publications should not be construed as a direct or implied assurance, guarantee, or indication by Noirbull that customers will profit or that losses associated with them can or will be mitigated if they rely solely on the information provided.