14 Years Later Awakening Wallet 👇🏽

A sleeping Satoshi awakens as a distant Bitcoin whale transfers $4 billion, but this may not be a sign of selling,

An inactive Bitcoin wallet created in 2011 transferred approximately 40,009 Bitcoins (worth about $4.7 billion) to the crypto exchange Galaxy Digital on Monday evening,

The owner of this wallet is unknown,

Blockchain experts noted that 6,000 of these Bitcoins (worth about $706 million) were then transferred to major exchanges like Binance and Bybit, which could potentially indicate preparation for sale,

These transfers began in eight different parts at 9:34 PM, with the largest transfer valued at over $500 million,

This wallet remained inactive for 14 years and last transferred in 2011, commonly referred to as the Satoshi era,

At that time, we also have approximately 40,000 Bitcoins in a personal secure location within this wallet,

Such a large transfer has emerged amidst record-breaking Bitcoin transfers from other long-dormant whales in the past month, as Bitcoin prices continue to reach new heights,

Although this large transfer could be seen as a sign of selling, experts say it is not necessarily so, Rajiv Sawhney, of Wave Digital Assets International