Whale Moves 800 BTC Worth $50.7M to Wintermute, Continuing Pattern of Large Deposits

BitcoinWorld Whale Moves 800 BTC Worth $50.7M to Wintermute, Continuing Pattern of Large Deposits A previously dormant Bitcoin whale address has transferred 800 BTC, valued at approximately $50.72 million, to the crypto market maker Wintermute, according to on-chain data shared by analyst ai_9684xtpa.

The transaction occurred six hours ago, marking the latest in a series of significant deposits from the same address. Ongoing Whale Activity The address, which begins with bc1pz, has now moved a total of 2,300 BTC—worth roughly $142 million—to Wintermute since late June.

The average deposit price across these transfers stands at $61,813 per Bitcoin, indicating the whale has been gradually shifting holdings over recent weeks.

Large transfers to market makers often signal potential selling pressure, but they can also be part of routine liquidity provision or over-the-counter (OTC) trade settlements.