Bitcoin Whale Sells Over 9,000 BTC Amid Federal Reserve’s Dovish Signals

Federal Reserve Chairman Jerome Powell’s speech at the 2025 Jackson Hole Global Central Bank Annual Meeting signaled flexible monetary policy and a potential September rate cut.

Market reactions included significant shifts in cryptocurrency holdings, with large Bitcoin holders reallocating assets and increased volatility expected across major platforms like Bitcoin and Ethereum.

Federal Reserve Signals Spur Major Bitcoin Transactions

Federal Reserve Chairman Jerome Powell’s speech at Jackson Hole suggested a dovish stance on monetary policy, hinting at possible rate cuts. The focus remains on managing inflation and addressing rising employment risks. Revisions to the US monetary policy framework aim to enhance flexibility and guide future economic strategies. Providing guidance for a possible rate cut in September, Powell’s speech has prompted major market activity. On-chain data reveals significant asset reallocation by major Bitcoin holder, termed a “Bitcoin ancient whale.” Over 9,142 BTC were sold with subsequent purchases of large amounts of ETH and sustained interest in long ETH positions.

Notable capital movements include a significant BTC deposit to Hyperliquid and a major withdrawal of ETH from staking platforms like EigenLayer. These activities suggest a risk-off sentiment or positioning for anticipated market volatility. The absence of official responses from key U.S. regulatory bodies has resulted in primarily data-driven assessments of the speech’s implications.

Asset Shifts Mark Crypto’s Response to Policy Changes

Did you know? In past cycles, dovish monetary signals from the Federal Reserve have led to asset reallocations among whales, often increasing volatility and prompting shifts from Bitcoin to Ethereum and DeFi tokens.

CoinMarketCap reports Bitcoin’s current price at $115,104.09 with a market cap of $2.29 trillion. Despite recent 24-hour trading volume of $52.51 billion, trading activity has dropped by 36.69%. Bitcoin’s circulating supply is nearly 19.91 million, closely approaching the maximum supply of 21 million.

Coincu’s research indicates that Powell’s dovish guidance could spur further crypto market volatility. Historical trends suggest potential financial and regulatory impacts as the US seeks to balance inflation risks with employment stability. The ongoing asset reallocation trends signify strategic shifts anticipating wider macroeconomic changes.