#BTCWhaleMovement
Two of the largest known Bitcoin wallets of all time, which have remained dormant since 2011, have mysteriously come back to life and transferred a total of 20,000 Bitcoin - over 2 billion dollars at today's prices - to brand new addresses.
The return of these wallets from the Satoshi era has sparked renewed debate about the true circulating supply of Bitcoin, the fate of lost coins, and the potential for new volatility as the market fluctuates at all-time highs.
The two wallets, which were opened in April 2011 when Bitcoin was trading at just $0.78, each transferred 10,000 Bitcoin on July 4, 2025. Analysts at Blockchain in Whale Alert and Lookonchain noted these movements before other chain data accelerated to verify.
Bitcoin, now valued at over a billion dollars for each wallet, has remained completely dormant through three bear markets, the Mt. Gox collapse, and Bitcoin's journey to over $110,000.
