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Key points:
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Losses of bitcoin prices almost 2% on the day when fourteen -year -old coins suddenly move onchain.
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The explanation includes an unsubstantiated claim connecting the BTC wallets involved with the creator of Satoshi Nakamoto.
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As a result, the price for BTC Longs comes, with shorts accumulating over $ 110,000.
Bitcoin (BTC) On Friday, it slipped below the key level of $ 108,000 as a transaction involving long coins of frightened markets.
Rumors of faith when bitcoin “og” moves millions
Data from COINTELEGRAPH Markets for and Tradingview It showed that BTC/USD will visit $ 107,564 on bitstamp before a modest reflection.
Compared to 1.6% on the day, Bitcoins based on weaknesses that followed a new rejection to $ 110,000 a day before.
The latest BTC price action that occurred in the absence of Wall Street trading thanks to the US Independence Day, SA coated Giant tranhes of 80,000 BTC Reawakening after 14 years.
The transactions were associated with a single whale entity, while the Lookonchain monitoring resources confirmed a total of eight wallets.
Bitcoin Og holds at least 80 009 $ Btc(8,69 B $) woke up after 14 or more years of dormancy and transferred 40,000 $ Btc(4,35 B) Today!
This OG controls about 8 wallets, 2 of which received 20,000 $ Btc($ 15,600 at the time, now $ 2.18 B) 2 April 2011, when the price for the price $ Btc He was… pic.twitter.com/f8julz6ee7
– Lookonchain (@lookonchain) 4th July 2025
The transfers took place at the time of writing, and the markets were clearly nervous about the consequences of old coins that suddenly move onchain, potentially as part of the sale.
The legends of social media have abounded, with the popular trader Cryptobeast even connected transactions Satoshi Nakamoto.
Commenting, the popular X Trading Education Account observed an increase in the so-called “toxic” order flow-transaction flow that results in market creators.
“I would expect to repeat it, maybe Liq those high lever shorts,” part of the post proposedReferring to the accumulation of short liquidity BTC liquidity on books on exchange orders.
Data from the monitoring source Coinglass It showed BTC/USD eating via a long level of liquidity, while above -ground resistance – especially over $ 110,000 – has increased.
BTC RIGHT CHANGE CANCELING
The popular trader and analyst Rect Capital, who continued in Bitcoins, described the potential risk for the bull market up.
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The daily chart recorded to X has shown a BTC/USD, which canceled the reversal of resistance/support the key trend line, which is introduced from the current highest maximum maximum of $ 112,000.
“Bitcoin is losing a diagonal for now,” he confirmed.
“But if the price closes daily over the diagonal, then it ends as a wick disadvantages as part of an unstable repeated test. The upcoming Daily Close will be crucial.”
Previously, other Krypto market participants had repeatedly highlighted $ 108,000 as the level Bulls needed to hold forward.
This article does not contain investment counseling or recommendations. Every investment and business step includes a risk and readers should do their own research in decision -making.
