Key Takeaways:
- A dormant Bitcoin whale from 2011 moved $4.6B in BTC, with most transferred to Galaxy Digital, hinting at a possible liquidation.
- The wallet’s holdings have appreciated over 2.4 million percent, highlighting early Bitcoin adoption’s extreme gains.
- The move comes amid Bitcoin’s new all-time high and regulatory optimism during Crypto Week, intensifying market focus.
A dormant Bitcoin whale has reawakened after 14 years, transferring over $4.6 billion worth of BTC in just two days.
The wallet, which holds 80,000 BTC, sent 40,010 BTC starting Monday – 28,600 BTC of which went to Galaxy Digital, followed by another 10,200 BTC on Tuesday.
80,000 #BITCOIN WHALE JUST SOLD 40,000 BTC WORTH $4.7 BILLION AFTER BUYING IT FOR $32,000, 14 YEARS AGO.
— Vivek⚡️ (@Vivek4real_) July 15, 2025
WHAT A LEGEND!!! pic.twitter.com/J1hXcQ6FkP
Blockchain analysts suggest the whale may be preparing to sell a portion of their holdings, originally acquired when Bitcoin traded under $30.
The wallet had remained inactive since 2011, making this move especially noteworthy.
These transfers come as Bitcoin hits an all-time high of $122,600 and surpasses Amazon in market capitalization, becoming the world’s fifth-largest asset at $2.429 trillion.
Analysts say the price rally is fueled by record ETF inflows, strong long-term holder demand, and positive political momentum during Washington’s “Crypto Week.”
President Trump’s endorsement of pro-crypto legislation and upcoming regulatory shifts are boosting investor sentiment.
The whale’s timing adds to speculation that more long-term holders could be positioning to capitalize on the bullish market or respond to incoming policy changes.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
His articles offer a deep dive into the latest trends, projects, and technological advancements shaping the future of digital finance.
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