Bitcoin whale sells $48 million after 12 years — and the market isn’t panicking
A dormant Bitcoin holder sold 500 BTC, worth about $47.8 million, sending the coins to Binance, according to on-chain data. The wallet has moved half its 5,000 BTC since late 2024, netting around $265 million. Bitcoin traded near $92,500 as tariff worries fueled a broader selloff. The wallet still holds about 2,500 BTC.