04.07.2025 19:52

After a fourteen-year slumber, a significant Bitcoin whale has re-emerged, causing considerable ripples throughout the cryptocurrency market. This dormant entity transferred 40,000 Bitcoin, currently valued at over $2.1 billion, in a transaction of unprecedented scale from pre-2011 wallets. The sheer magnitude of this move, one of the largest ever recorded from such an old address, has captivated analysts and investors alike.

This massive Bitcoin transfer, consisting of two separate transactions of 10,000 BTC each, was first detected on July 4th, 2025. Crypto analyst Maartunn highlighted the remarkable longevity of these coins, last moved in April 2009, when their total value was a mere $7,793. The astronomical increase in value underscores the remarkable growth of Bitcoin over the past decade and a half. The funds now reside in two newly created wallets, leaving room for speculation about the whale's future intentions.

The impact of this event extends beyond the immediate transaction itself. The whale's actions have significantly influenced on-chain metrics related to long-term holders, prompting debate about potential future selling pressure. This activity has added another layer of complexity to an already volatile market, where Bitcoin currently trades near key resistance levels, leaving traders anticipating either a significant price breakout or a substantial correction.

Further investigation by Lookonchain revealed the whale seemingly controls eight addresses in total, holding a staggering 80,000 BTC, with a total value approaching $8.7 billion. Although four of these addresses have been activated, the remaining four remain inactive, intensifying the mystery surrounding this enigmatic player and their future market influence. The timing and recipient of the recent transfers are under intense scrutiny from market observers. The situation is fueling intense speculation and heightened market uncertainty.