Paxos-Linked Whale Sells Another 800 Bitcoin, Taking Two-Month Sales to 2,500 BTC

A whale address linked to Paxos has continued a two-month stretch of Bitcoin selling, offloading another 800 BTC worth about $50.72 million through Wintermute as the cryptocurrency remains confined to a relatively narrow trading range.

The 800-BTC sale was executed in a single transaction about eight hours ago, according to blockchain analytics platform Lookonchain. The transaction lifted the whale’s total sales over the past two months to 2,500 BTC, valued at roughly $154 million.

The selling has taken place during a period of range-bound trading for Bitcoin. The cryptocurrency has remained between $58,000 and $67,000 for the past 10 weeks.

Bitcoin was trading at $63,567 at the time of writing, leaving it 49.6% below the all-time high of $126,080 recorded on Oct. 6, 2025.

Source: Lookonchain