Ancient Bitcoin Whale Deposits 850 BTC to Paxos Trust
- Bitcoin whale moves 850 BTC to Paxos custody.
- The transaction suggests potential institutional uptake.
- Movement aligns with increased use of custodial services.
An anonymous ancient Bitcoin whale deposited 850 BTC worth approximately $77.9 million into Paxos on November 20, 2025, stirring interest among cryptocurrency market watchers.
The transaction signals potential market volatility and increased institutional adoption, yet no official statement clarifies the purpose or future intentions for the significant BTC movement.
An anonymous ancient Bitcoin whale has deposited 850 BTC, valued at approximately $77.9 million, into Paxos. This move follows a prior transfer of 2,300 BTC from a long-dormant wallet active since at least 2019.
The depositor, known as an ancient Bitcoin whale, had kept the coins untouched since 2019. No official statements have been issued by Paxos leadership or the Bitcoin whale regarding this transaction.
The recent deposits could influence Bitcoin market dynamics, with possible effects on liquidity. BTC movement of this sort can often precede over-the-counter transactions, affecting institutional activity rather than the public market.
While the immediate market implications are unclear, such transfers to regulated entities like Paxos can increase trust among institutional investors and potentially encourage broader adoption of institutional custody solutions.
This Bitcoin transfer coincided with Bitcoin’s price hovering around $86,458, with substantial 90-day declines observed. The movement indicates potential market pressure but the long-term outcome remains uncertain.
Financial trends and past data show that whale activities can lead to temporary volatility. Institutional custody of large BTC amounts often signals a preference for secure storage over market sales, mitigating immediate volatility concerns.
“The movement of 850 BTC by this ancient whale into Paxos indicates a notable liquidity realignment and may signal institutional preference for regulated custody solutions.” – Emmett Gallic, Blockchain Analyst, Blockchain Observer
