An OG Bitcoin whale who bought 10,000 BTC 14 years ago just sold for the first time. The sellout comes amid an extremely shaky period for the world’s largest digital asset, with $BTC losing key support amid an uncertain macroeconomic environment.
The net profit that this whale in question obtained is certainly eye-catching. Back in 2011, this anonymous investor acquired the sum of 10,000 BTC for only $1.54. After holding on to the asset for over a decade, the whale finally sold this week, reaching a staggering valuation of roughly $1.05 billion.
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Macro headwinds and geopolitical tensions have taken a firm grasp on the market in recent weeks, and investors are increasingly cautious as risk assets struggle to find a footing. The OG whale’s decision to sell his Bitcoin comes as the market faces one of its most fragile setups in the year.
Bitcoin Loses Key Support
Bitcoin has just lost a key support zone this Tuesday, reaching below $105,000 for the first time in four months. The currency quickly dipped to $103,772 on Coinbase this morning, and it is currently trading at $104,254 per coin. The $106k–$105k support had held for the entirety of 2025 H2, making today’s breakdown particularly significant.
Bitcoin is currently 17% down from its all-time high, and recent market movements over the last three weeks have only deepened concerns among traders and long‑term holders. This recent decline erased a lot of the momentum built throughout the year, with the market’s top asset returning to January price levels.
While interest rate cuts and the end of quantitative tightening would, in theory, fuel liquidity into digital assets — macro uncertainty appears to be keeping investors from taking on fresh risk exposure.
