Satoshi Nakamoto era Bitcoin whale transfers 40,000 BTC again, market highly vigilant for potential fluctuation.

All early whale accounts activated, 80,000 BTC flowing to the same Address

According to on-chain observations, four wallet addresses that were previously dormant and each held 10,000 BTC have now transferred all their Bitcoin to the address: bc1qs4nzm0je7wqfyfmqr4ht4upyzy57vc95nf4au0, totaling a value of approximately $4.75 billion.

This transfer behavior is different from the previous selling patterns, but suggests that possible major market movements are brewing. Darkfost commented: "These BTC may soon enter the market." Considering this is one of the oldest and most closely watched whales in crypto history, its actions have a significant influence on market sentiment and liquidity.

Bitcoin maintains strong support, the market shows significant resilience

Despite such a large asset flow, Bitcoin remains above $120,000, reflecting the strong demand and investor confidence in the current market. Additionally, the U.S. House of Representatives passed three key cryptocurrency bills this week, removing some regulatory uncertainty and providing policy support for further Bitcoin gains.

Bullish on the technical front: Weekly chart shows a new round of upward momentum

The weekly chart indicates that Bitcoin has strongly defended the $118K level during its pullback after breaking through the $123,200 ATH. The $110,000 range, which constituted strong resistance in previous months, has now turned into a key support, with further support points at $109,300 and $103,600.

Recent K-line patterns show that buyers control the situation, with strong bodies and small upper shadows, indicating a measured profit-taking and ongoing buying strength in the market. At the same time, increased trading volume further validates the effectiveness of this breakout.

Multiple long-term moving averages are also bullish.

• 50-week moving average: $88,214
• 100-week moving average: $69,139
• 200-week moving average: $50,254

The current price is well above these long-term support lines, Bitcoin is still in a structural bull market trend. If the current consolidation phase breaks through smoothly, the next upward target will be the psychological barrier $130,000.

Conclusion: As Bitcoin consolidates at historical highs, the transfer of 80,000 BTC by early whales brings new variables to the market. Although there are no signs of a sell-off yet, a potential supply of $4.7 billion is being redeployed. If buyer strength continues to dominate, supported by legislative benefits and strong technical formations, Bitcoin is expected to hit a new high of $130,000. However, in the short term, it is crucial to remain highly vigilant about the volatility that large funds may bring.