An anonymous Bitcoin (BTC) whale who has been active since 2009 has started making some big moves that could impact the cryptocurrency market. According to Arkham Intelligence, the early Bitcoin miner, who started mining just five days after the first block was generated in 2009, has sold $4.8 million worth of BTC and continues to sell more.

In a recent transaction, the whale moved another $624,000 worth of Bitcoin to Kraken, a major U.S. exchange. Currently, the whale holds 1,149 Bitcoins, worth about $69.94 million, and appears to be selling 10 Bitcoins twice a week. If this trend continues, the unknown entity may sell all of its Bitcoin by mid-November 2025.

The fact that it started mining Bitcoin just five days after going live also raises questions about its relationship with the person responsible for launching the first major blockchain and cryptocurrency. What if this is Satoshi Nakamoto himself? While this is almost impossible due to the risk of being doxxed, as the funds were not sold over the counter but moved to Kraken, it is still seen as a bearish signal. Many cryptocurrency market participants believe that such moves are an attempt by whales to cash out as they move cryptocurrencies from self-storage to platforms with more liquidity and fewer fees.

Interestingly, the market also doesn’t feel quite right at the moment, as Bitcoin has fallen 2.45% in the past 24 hours, hitting the key support area of ​​$60,000. Now, ambitions to break through $66,000 per BTC and set a new October all-time high look more challenging than they did 10 days ago.#Bitcoin#BitcoinNews #BitcoinPrice