04.07.2025 14:41

A long-dormant Bitcoin whale, after a fourteen-year slumber, recently initiated a significant transaction, transferring a staggering 60,000 BTC. This movement, tracked by on-chain data analysts like EmberCN and Timechain Index, represents a considerable sum, currently valued at approximately $6.5 billion. The funds were dispersed from six previously untouched addresses.


Over a ten-hour period, this mysterious investor strategically moved 40,000 BTC, leaving 20,000 BTC still to be transferred. Maintaining a degree of anonymity, the whale's identity remains undisclosed. However, blockchain data suggests the whale's holdings are even more substantial, with at least two additional wallets containing 10,000 BTC each, currently remaining inactive. This indicates a potential total Bitcoin ownership exceeding 80,000 BTC.


The transaction itself was meticulously executed in six equal installments of 10,000 BTC apiece. Remarkably, this massive Bitcoin hoard was initially acquired at an average price of just $2 per coin, reflecting a truly phenomenal return on investment. While such large-scale transfers often foreshadow potential selling pressure impacting market prices, notably, none of the recently moved Bitcoin has been observed flowing into known cryptocurrency exchange addresses.


This lack of exchange activity sparks speculation regarding the whale's intentions. Possible explanations range from a simple reorganization of its cryptocurrency holdings to a more strategic repositioning for future market maneuvers. Interestingly, despite this significant event, Bitcoin's price experienced a minor dip, trading at approximately $108,000, reflecting a 1.5% decline over the past 24 hours, according to data from TradingView. The situation continues to unfold, prompting ongoing analysis and conjecture from within the cryptocurrency community. Information regarding this event was sourced from various internet sources.