Satoshi-era wallet moves $4.68 billion in Bitcoin after 14 years
2025-07-15 12:52:08
Main Idea
A long-dormant Bitcoin whale from 2011 transferred 40,009 BTC ($4.68 billion) to Galaxy Digital, with part of the funds moved to Binance and Bybit, amid a notable pullback in Bitcoin's price from its recent all-time high.
Key Points
1. A Bitcoin whale, inactive since 2011, moved 40,009 BTC ($4.68 billion) to Galaxy Digital, with 6,000 BTC ($706 million) sent to Binance and Bybit.
2. The whale originally held 80,009 BTC ($9.46 billion) in wallet bc1qq8q.
3. The transfers began with 9,000 BTC ($1.06 billion) and 7,843 BTC ($927 million) before the total 40,009 BTC was moved.
4. Bitcoin's price dropped 2.64% to $116,679.10, retreating from its all-time high of $122,547, when it briefly surpassed Amazon's market cap.
5. The whale is likely an early investor from the Satoshi era.
Description
A Bitcoin ( BTC ) whale dormant since 2011 has transferred 40,009 BTC ($4.68 billion) to Galaxy Digital, according to on-chain data from Lookonchain . The whale’s original holdings amounted to 80,009 BTC valued at $9.46 billion at current market prices. Wallet bc1qq8q. Source: Arkham Intelligence The transfers began with an initial movement of 9,000 BTC ($1.06 billion) followed by an additional 7,843 BTC ($927 million) transfer. According to the latest update from Lookonchain on July 15, the Bit...
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