📢Key Details from the Whale Movement Report:
• Event Date/Time:
15:50, July 4, 2025
• Entities Involved:
A 14-year-old whale wallet, also called a “fossil hand”, believed to have held Bitcoin since around 2011.
• BTC Transferred:
40,000 BTC
• Transferred in batches
• Distributed to 4 new wallet addresses
• Completed within 30 minutes
• USD Value of Transfer:
Approximately $545 million USD based on current BTC prices (~$13,625 per BTC in this transfer — notably lower than market price, possibly due to internal valuation or cold storage movement).
• Total BTC Controlled:
• At least 80,009 BTC confirmed
• Three more inactive addresses associated with the same entity, likely containing tens of thousands of BTC
• Monitoring Source:
Blockchain activity was tracked by @ai_9684xtpa (likely an AI-based blockchain analytics bot or service).
🔍 What This Implies:
1. Major Whale Awakening:
• After 14 years of dormancy, this wallet becoming active is significant.
• These kinds of movements often spark speculation about selling, security shifts, or internal restructuring.
2. Possible Reasons for Transfer:
• Moving to new, more secure addresses
• OTC (Over-the-Counter) sale preparations
• Exchange deposit preparations
• Internal reshuffling (estate planning, institutional changes)
3. Market Impact:
• Large transfers can create short-term volatility, especially if traders fear dumping.
• However, the move to multiple addresses rather than an exchange suggests storage, not liquidation.
4. Valuation Discrepancy:
• $545 million for 40,000 BTC implies $13,625/BTC — far lower than the reported July 4, 2025 price of $108,100/BTC.
This discrepancy could be due to:
• Typo in reporting
• Movement of partial BTC amounts or misreported USD value
• Transfers done at an earlier price
• Valuation based on older price tracking (unlikely but possible)