đ Bitcoin Whale Movement â July 4, 2025 Update
Bitcoin just saw a seismic shift in onâchain whale activity:
Dormant whale wake-up: Two 14-year-old wallets collectively moved 20,000 BTC (~$2B)âcoins originally mined around $0.78 each in 2011 .
Massive miner reâchains: Separately, one early miner shifted 60,000 BTC (~$6.5B) in six batches, while still retaining 20K BTC .
No exchange withdrawals yet: All transfers landed in non-exchange cold walletsâsuggesting custody moves, not sell-offs .
Megaâwhale distribution: Recently, another whale moved 80,000 BTC (~$8.6B) from a 14-year-old addressâsparking market speculation .
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đ§ Final Take
These dormant whale movements (60Kâ80K+ BTC) hint at either strategic repositioning or long-term investor rotationânot panic selling. Still, market can react swiftly to such on-chain signals. Keep a close eye on whether these coins end up on exchanges or remain in cold storage.
đŹ Your take: Is this whale movement a sign of renewed accumulationâor a setup for a market shift? Comment below! đ