A large, dormant Bitcoin wallet moved a massive amount of coins to an exchange on Thursday, rattling traders and reigniting debate about where big holders stand.<\/p>\n
According to on-chain data, a Satoshi-era wallet that had not moved funds for 13 years transferred roughly 12,000 BTC \u2014 about $1.4 billion at current prices \u2014 in a set of transactions that landed on an exchange ledger.<\/p>\n
Reports have disclosed that the transfers came as Bitcoin<\/a> hovered near a key price band. The coin fell about 2% after the activity, a quick reaction as traders guessed the funds might be put up for sale.<\/p>\n BREAKING<\/p>\n SATOSHI ERA WHALE JUST SOLD 12,000 $BTC<\/a> AFTER 13 YEARS OF HODLING.<\/p>\n HE MADE A MIND BLOWING $1.4 BILLION \u2013 ONE OF THE MOST PROFITABLE ON-CHAIN SALES EVER.<\/p>\n MASSIVE CRYPTO SELL-OFF INCOMING?? pic.twitter.com\/NvCo9mamzT<\/a><\/p>\n \u2014 0xNobler (@CryptoNobler) November 13, 2025<\/a><\/p>\n\n Some market watchers warned that if larger sell orders hit exchanges, positions using borrowed money could be forced to close, which would make price moves sharper.<\/p>\n Others said the market\u2019s mood was more nervous than panicked; large transfers often spark anxiety even when no immediate sale follows.<\/p>\n Prominent analyst Ted commented that Bitcoin is facing stiff resistance<\/a> around $104,000\u2013$105,000. According to his view, holding above $105,000 could encourage renewed buying and push prices toward $107,000.<\/p>\n If that fails, he warned that the next clear support sits near $100,000. Traders will watch order books and exchange flows closely in coming sessions to see whether the transferred coins are converted to fiat or simply shifted between wallets.<\/p>\n Long-Term Holders Take Profits<\/p>\n Based on reports from Chris Kuiper, CFA, the broader selling pressure appears driven more by long-term holders than by panicked sellers.<\/p>\n Kuiper pointed to the share of Bitcoin that has remained inactive for one year or longer. That metric usually climbs in slow markets and drops sharply during fast rallies.<\/p>\n This time, the decline has been gradual. The pattern suggests steady profit-taking over time rather than a sudden exodus.<\/p>\n \u201cWho is selling?\u201d<\/p>\n Is the number one question I\u2019ve been getting regarding #bitcoin<\/a>\u2018s continued price pressure against a backdrop of visible buying (by ETPs, corporations etc.)<\/p>\n I\u2019m not unique in suggesting it\u2019s the long-term holders (or HODLers).<\/p>\n But one data point that gives\u2026 pic.twitter.com\/9PVoolrtwm<\/a><\/p>\nTechnical Pressure Around Resistance<\/h2>\n