The address tied to an OG bitcoin whale that woke up after 14 years of dormancy earlier this month moved over $4.8 billion worth of bitcoin to Galaxy Digital.

According to data from Arkham Intelligence, address "bc1qs…f4au0" moved 40,191.5 BTC to Galaxy Digital across 15 transactions starting 5:41 p.m. on Thursday.

The bitcoin was previously dispersed across four addresses then later consolidated into one. The whale had then transferred this batch of bitcoin to "bc1qs…f4au0" earlier in the day.

The OG whale initially moved approximately 80,000 BTC ($9.6 billion) in 10,000 BTC batches to eight new addresses on July 4 when it woke up for the first time since April 2011.

On Tuesday, the whale first sent 40,010 BTC to two addresses labeled as Galaxy Digital, according to Arkham. Since then, Galaxy Digital's wallet "bc1q0…pqesl" has moved bitcoin to Bitstamp, Coinbase, Gemini and other unlabeled addresses.

It has not moved bitcoin since the latest transfer from the OG whale, and currently holds 40,288 BTC.

Onchain analyst Lookonchain previously said that the bitcoin whale was likely preparing to sell the bitcoin through Galaxy as the cryptocurrency recently renewed its all-time high above $123,000.

Galaxy Digital's OTC services offer clients a private alternative for trading large funds, bypassing public exchanges directly.

- According to The Block (Jul 18, 2025) -

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