Satoshi-Era Bitcoin Whale Moves Another $2.42 Billion, What's Happening?

Key Points

1. The whale transferred 20,000 BTC on July 14, 2025, coinciding with Bitcoin reaching a new all-time high of $123,000.

2. The coins were originally mined or received in 2010, reflecting gains of over 3,024,900% per Bitcoin held.

3. There is speculation that the whale could be Bitcoin's pseudonymous creator, Satoshi Nakamoto, or someone close to them.

4. The transfer was made in batches of 10,000 BTC, supporting the theory of single ownership.

5. This is the second major transfer by the whale, following an earlier move of 80,000 BTC worth $8.6 billion.