Ancient Bitcoin Whale Deposits $77.9M in BTC to Paxos Trust

A mystery Bitcoin whale moved 850 BTC worth approximately $77.9 million into Paxos custody on November 20, 2025, sparking speculation about market volatility and institutional adoption of custodial services. This recent transfer follows another large Bitcoin movement from a dormant wallet dating back to at least 2019. No official statements have been made regarding the whale’s intentions, but analysts are observing potential market impact.