A legendary Bitcoin holder, often referred to as a Bitcoin OG, has just made headlines after waking up from over 14 years of dormancy. This individual controls at least 80,009 BTC, currently valued at around $8.69 billion. Today, 40,000 BTC—worth approximately $4.35 billion—was moved out from four of the eight wallets under their control.
Two of these wallets had originally received 20,000 BTC each on April 2, 2011, when Bitcoin was trading at just $0.78—meaning the total value of that transfer was around $15,600 at the time. Those same coins are now worth over $2.18 billion.
The remaining six wallets were funded on May 4, 2011, with a combined 60,009 BTC, when the price of Bitcoin was about $3.37, totaling just over $202,000 back then. That stash is now valued at more than $6.5 billion.
While today's transfer was significant, four of these OG wallets—holding another 40,009 BTC—are still untouched. The sudden movement has sparked speculation across the crypto world, with many watching closely to see what comes next.