Brief
- Friday, a Bitcoin whale moved more than $ 8 billion in BTC.
- Digital parts had not moved for 14 years.
- Industry analysts were confused by transactions, but generally agreed that they probably came from an early minor.
A whale that had kept a Bitcoin Fortune for 14 years Friday began to move the huge reserve of 80,000 BTC – 8.6 billion dollars at today’s prices.
The pieces began to move around 10,000 BTC, or about $ 1 billion in BTC early in New York on Friday, Arkham Intelligence data show. At 11 a.m. East time, the 8.6 billion dollars in crypto had been moved to new addresses.
Blockchain observers in Eagle eyes quickly stressed on X that the movements came from an entity that had received the parts in 2011 as “Coinbase” transactions – the first transaction in a block created by minors. When minors create new blocks on the blockchain, they are rewarded with newly created digital parts.
The BTC billionaire final address has just moved $ 1.1 billion BTC
A single entity which controls $ 8.6 billion in BTC moved its latest 10 km portfolio.
Address: BC1QWQ5GEath93H0LNFSRMNWNFUROC2F9YPV4EWYL4J pic.twitter.com/rlekpmkwj7
– Arkham (@arkham) July 4, 2025
The cryptocurrency research manager Julio Moreno said Decipher: “It is the largest daily movement of coins aged 10 years or more in history.” He added that the previous record for a whale that maintained crypto during this long was a transaction of 3,700 BTC, which pale in comparison.
Crypto analyst for cryptocurrency ja maartun wrote On X: “In eight years of Bitcoin analysis, I have never seen anything like it”, noting that the entity linked to Bitcoin addresses which has made transactions on Friday over the years has taken place around 200,000 BTC at a given time.
Conor Grogan, director of the greatest exchange of American crypto Coinbase, posted on X that the entity linked to addresses had a fortune of $ 21.5 billion, which made them one of the five best bitcoin holders in cryptographic history.
Grogan added that if it should guess, the Bitcoin wallet probably belongs to an “OG minor”, which means someone who was very early to exploit BTC on the network.
In the crypto world, a whale is someone who has a large amount of digital parts and tokens. A Bitcoin whale is generally defined by an entity which contains 1,000 BTC – $ 108 million today, or more.
Experts said previously Decipher That although it is difficult to say, whales are not always individual investors but also companies that were involved in the crypto mining early. Although, given that the hiding place of coins moving today was acquired years before the age of the mining of industrial bitcoin, it is anyone who is guessing whether the assets belong to a single person or in a group.
Bitcoin was exchanged recently for $ 107,895 per room, according to In Coingecko, after falling by almost 2% over a period of 24 hours. The main cryptocurrency is around 4% down compared to the record summit of $ 111,814 he established in May.
When the whales start to move their pieces after years “Pile“The markets tend to move because investors expect an imminent sale and therefore a decreased action.
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