Bitcoin whales collectively awaken in 2025: an unprecedented "wealth transfer"In 2025, as Bitcoin's price broke through $100,000 and hit a record high of $126,000, the dormant "whales" of Bitcoin began an epic collective action. On-chain data shows that these early investors, holding over 1,000 BTC and some having been dormant for 10 to 14 years, launched multiple rounds of large-scale sell-offs this year, totaling hundreds of billions of dollars. Among them, a mysterious transaction from the "Satoshi era" transferred 80,000 BTC in a single move, cashing out approximately $9 billion. This whale activity, dubbed the "Great Reallocation" by analysts, is counteracting the new demand from spot ETFs and the asset sheets of listed companies, profoundly reshaping the structure of Bitcoin holders and potentially indicating that the traditional four-year market cycle is undergoing a fundamental change.
MarketWhisper·2025-12-29 02:28