Market Pulse: Mystery Whale Sells $576M in Bitcoin as BTC Nears $80,000

Across major exchanges, a mystery whale sold another 2,700 BTC (about $211.8 million) earlier today, pushing its three-day total to 7,700 BTC (roughly $576.6 million).

The selling lands just as bitcoin trades within reach of $80,000, capping its strongest weekly rally in years.

An unidentified wallet sold 2,700 BTC worth roughly $211.8 million at current prices in a single transaction hours ago, pushing the individual’s three-day haul to 7,700 BTC, worth about $576.6 million.

The disposal comes as bitcoin trades within striking distance of $80,000, a level the asset nearly touched overnight before slipping back to around $77,000.

Large holders often use sharp rallies to realize profits, though onchain data alone cannot confirm whether that is what is happening here.

It can only show that coins moved and, in many cases, where they landed.

That said, the whale’s selling has done little to slow bitcoin’s advance so far as the asset jumped double digits over the last couple of days to complete its strongest weekly rally since 2024.

Prices climbed as high as $79,500 during the week before easing back toward current levels.