Bitcoin Price Slumps as Dormant Whale Sells $2.7 Billion in BTC

A significant Bitcoin sell-off occurred in August 2025, with a dormant whale reportedly unloading 24,000 BTC worth over $2.7 billion. This move triggered volatility across the market, impacting Bitcoin’s price and revealing concerns about liquidity as institutional investors shifted their interests towards Ethereum. Experts observe that this activity reflects evolving market dynamics driven by the actions of long-term holders, who influence market cycles. 24,000 BTC Moved from Dormant Wallet, Leading to Price Drop