- 1. Five years later, Bitcoin Zilla moved $87 million in BTC, signaling strategic relocation or market forecasts.
- Investors recognized the 219% profit and redistributed their holdings across multiple wallets, leaving 300 btc with Falconx.
- Strong leaks since mid-December have shown accumulation, strengthening Bitcoin’s resilience to exceed $80k despite continued volatility.
Bitcoin Zilla recovered assets from the market’s long-term idle status after 1.5 years. Investors who purchased 1500 btc in August 2023 deposited 300 btc worth $25.1 million in Falconx, which serves as the facility’s prominent trading platform. Bitcoin reached around $83,707 when the owner handed over the coin.
On August 18, 2023, the whales acquired 1,500 BTC from Cumberland at an exchange rate of $26,353, equivalent to a total investment cost of $39.5 million. During that transaction, the total investment reached approximately $39.5 million. Since its purchase in 2023, Bitcoin prices have risen significantly, meaning the whales have achieved a profit of $85.7 million from their initial investment of $39.5 million.
Whale moves $87 million in BTC – strategic shifts or market signals?
In addition to deposits with Falconx, investors have redistributed their holdings to multiple wallets. A significant portion of the 1,050 BTC worth 1,050 btc was moved to two newly created wallets for $87.2 million. Meanwhile, 150 BTC worth around $12.5 million remains in the original wallet. This distribution suggests a strategic approach to asset management, possibly aimed at diversification or liquidity access.
The $85.7 million whales on the profits of BTC, after 1.5 years of dormant, deposited to $300 ($25.1 million) ~ 3 hours ago #FalConx.
On August 18, 2023, the whales accumulated $1,500 in BTC from #Cumberland at $26,353 (~39.5m).
The whale is moving now:
•$300 BTC ($25.1m) → Falconx at ~ $83,707…pic.twitter.com/pucxab0omx– March 17th, 2025, spots from the chain (@spotonchain)
Market participants are seeing this important transactional movement, as whale behavior usually indicates strategic market pivots or future market dynamics. Falconx’s deposits of funds serve as evidence of potential institutional benefits in the OTC market and other liquidity-based strategies. Stability over $80,000 indicates robust market durability during short-term market fluctuations.
Bitcoinflow signal market shifts during pending $80,000
BTC spot inflow/outflow indicates that net outflows dominated from May to mid-July, with BTC prices below $70,000. This trend shifted to late July, with some major influxes appearing in line with BTC price recovery.
In late October 2021, institutional investors and macroeconomic factors combined to create the largest influx activity. Although BTC has maintained its prices above $80,000 since December, the market has run out of significant peaks in February.
In particular, price fluctuations in BTC seem to correspond closely to these movements. Global uncertainty in the market in early January led to a price surge towards $100,000 as we witnessed comparable inflows and outflows.