Bitcoin Whale’s Comeback: $85M Profit and Market-Wide Implications

Bitcoin whale’s $85M profit and strategic $112M BTC moves, alongside the CME gap closure, hint at a potential market surge and price rally.

Yahya Raza
March 18, 2025
4:00 am

Yahya Raza

Syed Yahya Raza Sherzai is a crypto news writer known for his in-depth analysis and timely reporting on blockchain technology, cryptocurrency markets, and decentralized finance (DeFi). With a keen eye for emerging trends and regulatory developments, Sherzai has established himself as a trusted voice in the cryptocurrency space.

Bitcoin Whale resurfaces after 1.5 years, moving 300 BTC ($25.1M) to FalconX and redistributing 1,050 BTC ($87.2M) to new wallets.
The whale’s $39.5M investment in 1,500 BTC has surged to $85.7M in profit (+219%) as Bitcoin trades near $83,707.
Bitcoin’s recent dip to $84,000 filled the CME gap, signaling potential for a price climb amid whale activity and market volatility.

Bitcoin whale comes alive from the depths of inactivity after a 1.5-year break and actively participates in the cryptocurrency market. The whale initiated a series of activities on FalconX, which started with a deposit of 300 BTC, equal to $25.1 million, based on the value provided by the analytics platform Spot On Chain.

The whale bought 1,500 Bitcoin from Cumberland on August 18, 2023, when the price of Bitcoin was $26,353. Currently, the price of BTC is near about $83,707, making the whale a great profit of $85.7 million, which is 219% profit of all the money this whale invested in this cryptocurrency, about $39.5 million.

A whale with $85.7M in BTC profits deposited 300 $BTC ($25.1M) to #FalconX ~3 hours ago, after 1.5 years of dormancy.

On Aug 18, 2023, the whale accumulated 1,500 $BTC from #Cumberland, at $26,353 (~$39.5M).

Now, the whale is moving:
• 300 $BTC ($25.1M) → FalconX at ~$83,707… pic.twitter.com/pUcxAb0omx
— Spot On Chain (@spotonchain) March 17, 2025

Bitcoin Whale’s Strategic Moves

Besides, the whale transferred an additional 1,050 BTC worth $87.2 million to two other wallets. An additional 150 BTC, equivalent to $12.5 million, are still stuck in the original wallet, which indicates that BTC might be part of its long-term investment plan.

These moves come as Bitcoin remains strong while bouncing back from the heights it recorded in 2023. Market participants believe that the whale’s movement could foreshadow the continual rise of the Bitcoin price and have a positive impact on the rest of the market.

In the past day, Bitcoin peaked at $84,693, while its lowest point was $82,061 before it recovered and ranged between $83,000 and $83,400. This has opened up the possibility for a higher price movement when it reaches the $84,000 mark in the near future, as it has filled the gap in the chart of CME.

Source: X

A CME gap is the difference in the price between the last price of Bitcoin that is trading in the ‘opening’ of the CME market and the ‘closing’ of the CME market. Hence, in cases like that of a sharp dip in the market, it is frequently employe as an indication of corrections. This relationship has cause the CME gap to be commonly referred to as a magnet that attracts the prices of BTC.

The recent Bitcoin price drop to fill the gap at CME and big Bitcoin whale movements imply that large market action might be coming up shortly. Traders are expecting the next actions in the market that may shape Bitcoin in terms of its price action and the general attitude towards the asset.