Anonymous Whale Offloads 7,513 BTC for $487M Over Three Weeks

Large-scale BTC distribution totaling $487M occurred without triggering liquidation cascades, while Strategy also sold 1,638 BTC for dividend obligations.

Woofun AI reports that an anonymous entity disposed of 7,513 BTC valued at approximately $487 million over a three-week period. Shortly before Lookonchain issued a warning, the same wallet transferred an additional 1,019 BTC worth roughly $66.4 million. These transactions occurred within a narrow price range and did not trigger liquidation cascades typical of larger sales in previous cycles.

Separately, Strategy sold 1,638 BTC between July 27 and August 2, generating approximately $105 million at an average price of $63,957 per BTC. The company has authorization to sell up to $5 billion in BTC to cover preferred dividends and obligations. With an average acquisition cost of $75,419 per BTC, these sales result in a book loss.