05.07.2025 15:45

After a fourteen-year slumber, a dormant Bitcoin whale, holding a staggering $8.7 billion in cryptocurrency, has stirred. This massive movement, revealed by on-chain analytics from sources like Lookonchain, sent ripples throughout the cryptocurrency world. The transfer involved billions of dollars in Bitcoin changing hands between unidentified addresses within a matter of hours.

Blockchain monitoring firm Whale Alert independently confirmed the activity. They observed the transfer of substantial Bitcoin amounts, predominantly in batches of 10,000 coins. Eight separate transactions, each comprising 10,000 BTC, were completed in under four hours, accumulating a total of 80,000 BTC—its first movement since 2009. This represents an unprecedented shift in the cryptocurrency landscape.

The original acquisition of these Bitcoins, dating back to the early days of Bitcoin and possibly the era of Satoshi Nakamoto, cost a fraction of their current value. In 2009, each Bitcoin was worth less than $4. However, the July 4th transfer saw each 10,000 BTC batch valued at over $1.08 billion, resulting in a mind-boggling profit exceeding $8 billion over approximately 14 years. This represents an astonishing return on investment.

The motivation behind this colossal transaction remains shrouded in mystery, fueling intense speculation within the crypto community. The implications for the market's future trajectory are unclear, yet its sheer scale is undeniable. However, a recent report from Arkham Intelligence, a prominent cryptocurrency analytics firm, suggests that a single entity, likely an institutional investor, executed the entire transfer. Further details from Arkham Intelligence's report are pending.