Bitcoin Whale Deposits Massive 850 BTC to Paxos Platform

A significant Bitcoin transaction has emerged, with an anonymous whale depositing 850 BTC (approximately $77.9 million) into Paxos on November 20, 2025. This act reflects a resurgence of institutional interest in secure custody solutions for cryptocurrencies. Blockchain analysis by Emmett Gallic reveals the anonymous whale’s deposit to be one of the largest seen this year, signaling renewed activity from long-dormant Bitcoin holders and aligning with trends towards regulated environments.