In the shadowy caves of cyberspace, where fortunes rise and crumble like the old Soviet towers, a colossal Bitcoin investor, once silenced by eight long years, has found his voice again – and it speaks in the harsh clatter of 36,000 BTC sold last August. Now, as if compelled by cruel fate or merely the caprice of a restless whale, the selling frenzy resumes, threatening to unleash chaos upon a trembling market.
From the deep vaults of blockchain analytics known as Lookonchain, word arrives that this digital leviathan transferred a fresh 1,176 BTC, gathered stealthily from two hidden wallets, and dispatched them to the Hyperliquid exchange where the selling commenced anew. A subtle prod to the market’s fragile nerves.
From Dormancy to a Frenzied Awakening
For almost a decade, this whale lay dormant, motionless as frozen Siberian tundra. Then, like an old commissar suddenly waking from enforced silence, it cast aside 35,991 BTC, worth some $4.04 billion-a sum vast enough to feed a small nation or to fill many prison camps. Afterwards, in a strange ritual, the investor transformed their wealth into 886,371 Ethereum tokens-another form of digital opium-and vanished again for two weeks, leaving only rumors and anxieties in their wake.
Lookonchain whispers that this new assault began precisely when Bitcoin’s price dared to climb above $116,000-a cruel mockery of calm in a sea roiling with greed and fear alike. Though only 1,176 BTC were moved this time, the whale’s hoard still rests immense-49,000 BTC locked across four wallets, like prisoners awaiting their fate.
After a two-week break, the #BitcoinOG who exchanged 35,991 $BTC($4.04B) for 886,371 $ETH($4.07B) is back to selling $BTC!
2 wallets linked to this #BitcoinOG have deposited 1,176 $BTC($136.2M) to Hyperliquid in the past 2 hours and started dumping.
– Lookonchain (@lookonchain) September 14, 2025
The Market’s Grim Prospects: Two Fates Await
And so we stand at a crossroads worthy of a Dostoevsky novel. One path: if the whale deems $116,000 to be a sweet summit of triumph, it will likely unleash torrents of selling, sweeping hopes and dreams away like the autumn leaves blown from Moscow’s boulevards. Without fresh buyers, this price will become a spectral wall, mocking all who dare approach.
The other path: this enigmatic figure may continue the old dance of conversion, swapping precious Bitcoin for Ethereum or other shiny altcoins-a move as unpredictable as a Siberian blizzard. Such reckless rotation could stir storms of volatility, sending the market aflame and investors scrambling like desperate peasants searching for bread.
Indeed, freshly minted capital, perhaps summoned by this anticipated chaos, flows already-whispers tell of Galaxy Digital snatching up over 1.2 million SOL tokens in a single day, valuing them at over $300 million. Not even Mother Russia’s winters hold such cold fury.
Bitcoin, ever the stubborn survivor, rallied after last Thursday’s US CPI report, touching the elusive $116,000 mark once more. Yet the weekend’s chill brought a correction, pulling price down to hover near $115,000-$116,000, a fragile truce in a never-ending war. As these words are penned, Bitcoin trades at $114,765 on Binance-each trade a tiny battle in the vast digital gulag.
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2025-09-15 14:32