A surprising crypto event has stirred up the community this week. On July 4th, 80,000 Bitcoins that had been sitting untouched for over a decade suddenly moved. That’s not a small amount – it’s over half a percent of Bitcoin’s total supply. According to analyst Edo Farina, this might be a serious warning sign for Bitcoin’s future.
Edo shared the findings in a recent video, after digging deep into on-chain data with the help of another blockchain expert. What they found was strange: these old Bitcoins were moved through dozens of wallets using complex transaction patterns meant to hide their tracks. It didn’t look like a normal whale moving funds. It looked planned, careful, and very hard to trace.
The BTC came from the early days of mining, around 2010 and 2011. Many believe these could even be “Satoshi-era” coins – mined when Bitcoin was still a niche experiment. What’s even more unusual is that none of the coins went to exchanges. No selling. No cash-outs. Just movement. Silence.
That silence, Edo warned, could be the calm before the storm. If whoever controls those 80,000 BTC decides to sell all at once, it could crash the market – maybe dropping Bitcoin below $10,000. Given how little liquidity there is right now, that kind of dump could cause real damage.
At the end of his analysis, Edo brought up a bold idea: if Bitcoin really did crash, maybe it would finally open the door for XRP to take the lead in the crypto space. XRP, after all, is a utility-focused coin with real-world use cases like cross-border payments. If investors lose trust in Bitcoin as a store of value, could they turn to something more practical like XRP?
It’s an interesting thought – but let’s be honest. XRP flipping Bitcoin probably isn’t happening anytime soon.
Bitcoin still dominates the market. Its name recognition, adoption, and infrastructure are far ahead of XRP. And while XRP has had some big wins recently, especially in court, it still has a long way to go before it can challenge Bitcoin’s spot at the top.
Edo’s theory is less a prediction and more of a warning: Bitcoin isn’t as decentralized or safe as people assume. A small number of wallets still control a huge portion of the supply. If they move, the whole market can shake.
So no, XRP isn’t about to overthrow Bitcoin overnight. But this strange movement of old coins is a reminder that crypto still has a lot of unknowns – and a few whales might be holding more power than anyone realized.
Read also: Here’s How Many XRP Tokens You Need to Be a Top 1% or Top 10% Holder
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