A Bitcoin whale address inactive for 14 years has transferred 40,010 BTC valued at $4.69 billion to crypto brokerage firm Galaxy Digital. The transaction represents one of the largest movements of dormant Bitcoin in recent history and drew immediate market attention due to the scale and longevity of the holdings.
The transfers were executed at an average price of $117,391 per Bitcoin. Notably, the originating wallet retains an additional 40,000 BTC worth approximately $4.67 billion, indicating the whale maintains significant exposure to Bitcoin despite the substantial transfer.
This rare movement from a historically inactive holder is being analyzed by market participants for potential implications regarding liquidity shifts and changing holder behavior within the cryptocurrency ecosystem. Such high-volume transfers by long-term stakeholders often signal noteworthy turning points in market dynamics.