On July 4, 2025, two Bitcoin whales, whose wallets had been inactive for over 14 years, suddenly transferred 20,000 $BTC , equivalent to approximately $2 billion. These wallets, created during the time of Satoshi Nakamoto, were activated for the first time since 2011, when Bitcoin was worth only $0.78. One whale moved 10,000 BTC (worth $1.1 billion) with a fee of $50.50, while the other made a similar transaction. According to Lookonchain, these assets were acquired for $7,800, indicating an astronomical profit of 140,000 times.
The movements of old wallets have sparked speculation: is this profit-taking or increased security? The Coin Days Destroyed metric has risen, which may signal pressure on the price of Bitcoin, currently hovering around $110,000. Analysts note that such transactions can impact the market, causing both short-term volatility and investor interest.
These events highlight the uniqueness of Bitcoin as an asset that retains value even after decades of inactivity. Keep an eye on cryptocurrency market news, as such whale movements can change its dynamics!
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