A prominent Bitcoin whale has deposited 100 BTC, valued at approximately $11.1 million, into the Kraken exchange over the past five days, sparking discussions about potential selling pressure. The transaction, identified by Onchain Lens, is linked to a well-known 'Bitcoin OG' known for liquidating large positions during pivotal market moments. This activity coincides with a 1.71% increase in Bitcoin's price, reaching $113,525. CryptoRank highlights that such significant institutional-level transactions often indicate potential shifts in market dynamics. Additionally, another whale has transferred $22 million to Kraken, contributing to over $627 million in BTC deposits since October 10. While some market participants express concerns about short-term sell pressure, others remain optimistic about Bitcoin's resilience and potential for a year-end rebound.