Bitcoin News Today: Bitcoin Price Slides 5.7% as Whale Activity Spikes, Massive Transfers Drive Volatility

A surge in Bitcoin whale activity triggered significant market volatility as dormant wallets reactivated and large transfers were executed across exchanges. Over a span of six days, a 14-year-old Bitcoin wallet initiated a $469 million transfer of 14,273 BTC, followed by a $4.8 billion movement on July 14 and a $1.1 billion transfer from another historic address by July 19 [2]. These transactions, linked to institutional-grade liquidations, pushed Bitcoin’s price down by over 5.7% within 24 hours [3], raising concerns about coordinated bearish strategies among major holders. Galaxy Digital’s reported sale of 10,000 BTC ($1.18 billion) further amplified market pessimism, though the gradual approach to liquidation helped mitigate sharper declines [6].

The market’s reaction underscored the delicate balance between supply and demand in crypto markets. Large-scale transfers from dormant wallets—a rare phenomenon historically tied to major inflection points—introduced uncertainty as traders braced for potential selling pressure [1]. While the immediate sell-off stabilized after the weekend, analysts remain divided on long-term implications. Some highlight Bitcoin’s resilience, with prices remaining near all-time highs despite the selloff, while others caution that continued whale activity could drive further short-term losses. A top analyst cited in Coinpedia warned of a potential price drop below $100,000 amid ongoing whale-driven uncertainty [7].

The coordinated movements have reinforced a narrative of caution among investors, with exchange inflows and on-chain metrics under close scrutiny for signs of stabilization or renewed downward momentum. Positive developments, such as the anticipated U.S.-EU trade deal, are seen as potential counterbalances to crypto’s current fragility, though their impact remains speculative. Binance analysts noted that institutional trades often ripple through retail sentiment, compounding market dynamics during periods of heightened volatility [8].

As of now, the market appears to have absorbed the immediate shock of these whale-driven sales. However, traders remain wary of further large-scale movements, with attention focused on whether dormant wallets will continue to reengage. The interplay between institutional liquidity and retail investor behavior will likely shape Bitcoin’s trajectory in the coming months, particularly as global trade negotiations and macroeconomic indicators evolve.

Sources:

[1] [Historic Bitcoin Whale Moves 1.1B to Exchanges](https://coinstats.app/news/2127e1a23f8c4ef8ad9cfdd14de219730f4d5e1adb4ab202913b891b7eb86251_Historic-Bitcoin-Whale-Moves-11B-to-Exchanges-Stoking-Selloff-Fears)

[2] [Massive $468.67M Bitcoin Transfer from Dormant Wallet](https://www.ainvest.com/news/bitcoin-news-today-massive-468-67m-bitcoin-transfer-dormant-wallet-sparks-market-speculation-2507/)

[3] [Bitcoin Drops 5.7% as OG Whale Moves $4.8 Billion in BTC](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-falls-3-01-whale-liquidates-3-5b-24-hour-selloff-2507/)

[6] [$1.18 Billion Bitcoin Sell-Off Shakes Markets](https://www.binance.com/en/square/post/274132****8977)

[7] [Bitcoin Price to Drop Below $100K? Top Analyst Warns of Sharp Fall](https://coinpedia.org/news/bitcoin-price-to-drop-below-100k-top-analyst-warns-of-sharp-fall/)

[8] [Bitcoin Slides Amid Galaxy Digital Sell-Off From $9.6](https://www.mitrade.com/insights/news/live-news/article-3-987039-20250725)