Bitcoin: A whale sells 7,700 BTC during the rally
An unknown Bitcoin whale takes advantage of BTC’s return to $80,000 to lighten its positions. In three days, this address reportedly sold 7,700 BTC for about $576.6 million. The last operation alone involved 2,700 bitcoins, nearly $212…
Cointribune
Publisher
Aug 23, 2026 at 9:23 AM UTC · 3 min de leitura

Entities
bitcoin
Market Impact
BTC-0.62%$76,567
Last Updated
há 13 minutos
An unknown Bitcoin whale takes advantage of BTC’s return to $80,000 to lighten its positions. In three days, this address reportedly sold 7,700 BTC for about $576.6 million. The last operation alone involved 2,700 bitcoins, nearly $212 million. However, the market keeps rising.
In brief
- A whale reportedly sold 7,700 BTC between August 19 and 22.
- The transactions represent about $576.6 million.
- Bitcoin reached $79,500 before falling back to around $77,000.
Bitcoin: 7,700 BTC sold in three days
The last operation involved 2,700 BTC. The whale reportedly recovered about $211.8 million. This kind of movement echoes previous phases where Bitcoin whales sold whenever the price rose.
This was not its first sale of the week. Between August 19 and 22, the total reaches 7,700 BTC. About $576.6 million. The holder’s identity remains unknown. On-chain data allow tracking wallet movements but not why its owner is selling now. Profit-taking remains a possibility.
The timing naturally draws attention. Bitcoin has just had its best week since 2024. BTC gained over 20% and reached $79,500 before falling back to around $77,000. The whale is selling during the rise. For now, the market absorbs the bitcoins.
Market Context
Bitcoin
BTC
$76,567
-0.62% (24H)
Market Cap
$1.54T
24H Volume
$20.7B
24H High
$77,525
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