Bitcoin Whale Moves 850 BTC to Paxos: Impact on Market and Institutional Sentiment Analyzed

A prominent Bitcoin whale has transferred a significant amount of Bitcoin to the regulated platform Paxos, sparking discussions about market dynamics and institutional involvement. On November 20, 2025, this entity deposited 850 BTC worth approximately $77.9 million, following an earlier transfer of 2,300 BTC. This move represents a total inflow of 3,150 BTC in recent weeks. Market observers see these actions as strategic reallocations towards regulated platforms, indicating a shift in institutional sentiment and potential impact on liquidity.