Bitcoin whales have mobilized massive amounts of long-dormant funds recently, drawing attention to #BTCWhaleMovement. On July 4, a wallet inactive since 2011 transferred 20,000 BTC (~$2 billion) to fresh addresses—moves that didn’t appear to be profit-taking but rather cold-storage reshuffling . Shortly after, an even larger transfer of 80,000 BTC (~$8.6 billion) was observed, also from 2011-era addresses, marking the largest daily movement of decade-old coins ever .
These whale stirrings briefly pressured BTC prices below $108K as markets reacted to potential dumps . Though some worry this could precede liquidation, technical indicators and subsequent non‑exchange transfers suggest caution—these might signal re‑allocation or accumulation rather than selling.
