🔹 From the Satoshi Era to Today: One of the oldest Bitcoin holders has awakened. After more than 14 years of inactivity, the whale moved 20,000 BTC worth over $2.1 billion.
🔹 Market Speculates: The move has raised questions among investors — is this just a wallet reorganization or the beginning of a massive sell-off?
💼 Whale from 2011: 140,000x Return on Investment
According to blockchain data, the dormant wallet originally received its BTC on April 3, 2011, when the price of Bitcoin was just $0.78. The original $7,805 investment has now grown to more than $2.1 billion.
The address NY8gD… transferred 10,000 BTC to TSmxj… and another 10,000 BTC to ECyqH… within a short timeframe. This rapid, synchronized activity sparked speculation about a coordinated strategy or planned liquidation.
📈 Long-Term Holders Remain Unshaken
Despite whale movements, analysts point to the resilience of long-term investors. According to Glassnode data, so-called "diamond hands" currently hold a record 14.7 million BTC. Most of these coins were purchased at or above the $100,000 mark, indicating strong confidence in future price appreciation.
💸 ETF Inflows Continue, BlackRock and Fidelity Accumulate
While old wallets move, institutional players are ramping up their exposure:
🔹 On July 3rd, spot Bitcoin ETFs recorded net inflows of $601 million
🔹 Fidelity's FBTC led with $237 million
🔹 BlackRock's IBIT followed with $222 million
BlackRock’s IBIT has now surpassed 700,000 BTC under management, ranking among the top three most profitable funds in its ETF portfolio.
Summary
The reactivation of a Satoshi-era whale drew attention, but the broader market remains calm. Long-term holders are steady, ETF inflows remain strong, and BTC is hovering near $109,000. Rather than panic, this may be another sign of Bitcoin’s growing market maturity.
#bitcoin , #BTC , #CryptoWhale , #CryptoInvesting , #CryptoMarket
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