Bitcoin Whale Moves 2000 BTC Worth Over $200M as Market Stabilizes Above $100K

A Bitcoin whale moved 2000 BTC worth over $200M on May 13, marking one of the day's largest transfers.

One of the largest transactions of the day occurred as a Bitcoin whale moved 2,000 BTC for a value of over $206 million, data from Whale Alert shows.

The large crypto transfer took place shortly after Bitcoin stabilized above the $100K mark amid renewed bullish momentum in the market.

The transaction took place between

unknown wallets without any exchange involvement.

The huge Bitcoin whale movement comes during sustained price strength and increasing whale activity. The size and timing of the transfer drew attention, aligning with broader accumulation trends.

The wallet owner remains unidentified, but the transaction aligns with institutional patterns seen in previous cycles.

As Bitcoin continues to hold above $100K, the market is entering a consolidation phase with selective whale accumulation unfolding. The $206 million transfer sparks speculation about institutional entry or strategic redistribution.

These activities often signal repositioning among large players as price support zones become more defined.

According to recent Glassnode data, entities holding 1000 to 10,000 BTC have maintained consistent buying pressure.

Despite a slight cooling from larger holders, these mid-sized Bitcoin whale groups have not slowed down. Their activity contrasts with the neutral stance of ultra-large holders with more than 10,000 BTC.

These Bitcoin whales have steadily increased holdings, suggesting confidence in near-term price appreciation and reduced selling pressure. Their consistent moves help maintain momentum and limit downside risk during market consolidations.

The 2000 BTC transaction supports this trend as part of broader redistributive behavior. While some addresses show accumulation, others appear to engage in internal shuffling.

This activity is likely tied to custodial or institutional strategies, aiming to optimize liquidity or rebalance holdings without triggering major market reactions. The impact of these actions becomes more noticeable during sensitive price ranges like the $100K threshold.

Whales holding over 10,000 BTC in single wallets have recently shifted to a neutral market position based on on-chain metrics. This pause comes after weeks of steady accumulation as the price broke key resistance levels. Their pullback suggests strategic positioning rather than full-scale distribution.

However, despite this cooldown, Bitcoin whale activity among smaller cohorts continues to provide stability. These groups have actively countered the pullback effect by increasing holdings, demonstrating divergence within the whale ecosystem based on asset concentration levels.

As ultra-large holders adopt a wait-and-see approach, mid-level Bitcoin whale transactions may play a more significant role. These transfers highlight evolving strategies across whale segments, which will determine how the market reacts in the coming sessions.

BTC traded at $103,841.52 at press time, reflecting a 0.98% 24-hour increase amid broader consolidation.

This price stability comes even as profit-taking slightly slowed the previous upward surge. However, Bitcoin whales remain active, suggesting confidence in further potential gains.

While short-term movements show mixed sentiment, large transfers reinforce the market’s strength. The 2000 BTC transaction stands as a key signal of ongoing high-value engagement.

As accumulation continues, price resilience above $100K may be a foundation for further bullish moves.