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2011 Mega Whale Moves Again: $2.4B in Bitcoin Vanishes Into New Address

2025-07-14 17:34:13

2011 Mega Whale Moves Again: $2.4B in Bitcoin Vanishes Into New Address

Main Idea

A Bitcoin whale from 2011 moved 20,000 BTC (worth $2.4 billion) to a new address, following a previous transfer of 80,000 BTC on July 4, while the remaining 60,000 BTC remain untouched.

Key Points

1. The whale transferred 20,000 BTC to a new address labeled 'bc1qmux' from wallets 'bc1q84w' and 'bc1qwq5'.

2. The address 'bc1q84w' has received numerous OP_RETURN transactions with messages, some requesting money.

3. Only 20,000 BTC were moved recently, while the remaining 60,000 BTC from the July 4 transfer remain inactive.

4. This type of large, structured transfer is rare but not unprecedented, with older whales also making similar moves.

5. A dormant Bitcoin address from 2016 also moved 214.54 BTC (worth $25.7 million) for the first time in over 8 years.

Description

Fresh onchain data reveals that the mega whale behind the fourth of July’s $9.5 billion transfer of 80,000 BTC has peeled off 20,000 coins and sent them to a new, unidentified address. Bitcoin Mega Whale Quiet for 10 Days—Then Drops 20,000 Coins Into Shadow Address The shift was flagged by the tracking bot Whale Alert

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