Why The $2.9 Billion Bitcoin Whale Buy Could Spell | Crypto News
Claims that a Satoshi-era Bitcoin whale immediately returned to the market with a multi-billion-dollar buy have injected rigidity into an already fragile Bitcoin price motion. The claims gained traction after social media posts on X revealed that an tackle dormant since 2011 had gathered roughly 26,900 BTC, a transfer framed by some as a highly effective bullish signal.
However, a few others noticed one thing very different. One warning revealed that the timing and context of the switch pointed toward a setup that may lead to a large-scale distribution.
Why Some Traders See A Major Red Flag
Claims that a Satoshi-Era Bitcoin tackle may be truly shopping for billions of {dollars}’ price of BTC took many traders by shock. According to a crypto participant recognized as 0xNobler on the social media platform X, the whale tackle grew to become lively for the first time since 2011 and went all in on Bitcoin again. Such a buy goes against the development of Satoshi-era whales changing into lively after many years to promote their holdings.
The declare of buy could be very bullish on the skin, but there are also bearish interpretations of the transfer. The bearish interpretation is based on market psychology and the historic habits of early Bitcoin holders.
A pockets allegedly lively since the Satoshi period would have acquired BTC at negligible costs, often nicely below $1. From that perspective, the concept that such an entity waited more than a decade only to buy aggressively close to all-time highs seems illogical.
A critic argued that sudden actions involving billions of {dollars} at the current price motion point out preparation. According to the critic, the entity behind the whale tackle is making ready to distribute. Large transfers into newly lively wallets could be half of liquidity staging, designed to enable gradual distribution without inflicting rapid panic.
Satoshi-Era Whale Story Appears To Be A Misunderstanding
Closer inspection of the on-chain data signifies that the dramatic narrative surrounding this event rests on questionable assumptions. A few other crypto market contributors identified that the circulated image claiming a Satoshi-era whale went all in on Bitcoin is edited and deceptive, and that the receiving tackle labeled ‘3FsDiW’ might not belong to an early particular person holder at all.
Interestingly, blockchain trackers hyperlink the tackle to Twenty One Capital, with data displaying that it was created only a few days in the past and the first transaction was first obtained on January 10, 2026. Transaction historical past exhibits a small check switch of 1 BTC to Bitfinex, after which the remaining funds have been consolidated into the new tackle ‘3FsDiW’ from another pockets already related with Twenty One Capital.
Twenty One Capital is a publicly traded Bitcoin-focused company that reportedly holds more than 43,000 BTC on its stability sheet. This distinction issues, as it removes the existential concern implied by the unique claims of a Bitcoin whale shopping for billions price of Bitcoin.
Stay up to date with the latest trending crypto news! Visit our web site daily for the freshest Crypto news and content, rigorously curated to keep you informed.
