🐋 Bitcoin OG Whale Awakens After 14 Years — Moves $2.1B in
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Updated at: 6 hours ago
{"content":"🐋 Bitcoin OG Whale Awakens After 14 Years — Moves $2.1B in BTC on July 4th
July 4th saw the transfer of 20,000 BTC to two new addresses from a dormant Bitcoin whale that had been active since 2011.
The whale's Bitcoin holdings were around $16,000 on April 3, 2011.
Two large Bitcoin transfers to two new addresses were made on July 4th by a Bitcoin OG whale that had been idle for almost fourteen years. In two separate transactions, the whale sent 20,000 BTC, which is more than $2.1 billion at the current market value.
20,000 Bitcoins Moved by BTC Whale to New Accounts
Official data provided on X by Lookonchain indicates that BTC whale 12tLs9c moved 10,000 BTC, which was valued $1.09 billion at the moment, to a different wallet.
The whale got the bitcoin fourteen years ago. With a value of about $0.8 on April 3rd, the whale's 10,000 BTC were worth around $8,000 at the time.
A second transfer was made to a different wallet by the Bitcoin whale after the first one. According to the same data from Lookonchain, another wallet belonging to the whale moved 10,000 BTC to an other address.
The whale woke up to a profit of 131,250x when he or she considered that the value of their 20,000 BTC holdings in 2011 was over $16,000 and that their assets were worth over 2.1 billion on July 4th.
Bitcoin prices are falling today.
Bitcoin Price Breaks Through $108,800
Bitcoin is now selling for over $108,800, down 0.4% in the last 24 hours, as of the time this story was written.
Coincident with the US Independence Day celebration on July 4, the price of Bitcoin fell from over $110,000 on July 3 to its present levels.
On the other hand, institutional investors are still keen on Bitcoin; on July 3rd, US Bitcoin exchange-traded funds (ETFs) received about $602 million in new capital, according to SoSoValue statistics. The entire net assets of crypto goods are over $137 billion as of July 3rd, and the cumulative total net inflow is above $49,6 billion.
#OneBigBeautifulBill #BTCWhaleMovement #TrumpVsMusk #StrategyBTCPurchase $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/05/2b6fa4914d1c4e43a0af7aced79e5fb9.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}