#BTCWhaleMovement ment Another controversy about the actual circulating supply of Bitcoin, the fate of lost coins, and the possibility of new fluctuations as the market wavers at its all-time highs.
The two wallets, which were opened in April 2011 when Bitcoin was trading at just $0.78, each transferred 10,000 Bitcoins on July 4, 2025. Analysts at Blockchain in Whale Alert and Lookonchain pointed to these movements before other on-chain data accelerated for verification.
Bitcoin, now valued at over a billion dollars per wallet, has remained completely stagnant during three bear markets, the Mt. Gox collapse, and Bitcoin's run to over $110,000.
Most importantly, the coins were not deposited in exchanges, but in new addresses, leading speculators to suspect that the owner may be enhancing wallet security or preparing for future transactions rather than selling.
