#BTCWhaleMovement

On July 4th, one of the most silent and legendary Bitcoin whales made an unexpected move: after 14 years of inactivity, a total of 20,000 BTC was transferred.

The Bitcoin transactions took place from two different P2PKH (Pay-to-Public-Key-Hash) addresses, each sending 10,000 BTC to more modern wallets, which indicated a true transfer in time.

The first move occurred in block 903916, from an address created on April 2, 2011. A few minutes later, the second move was confirmed in block 903921, also from a wallet created over 14 years ago.

Both transfers involved a true cleaning of UTXO (Unspent Transaction Outputs), which are active and not yet spent, linked to previous transactions.

This was a consolidation of numerous small pieces of BTC into new wallets, creating favorable conditions for simpler asset management in the future.

In 2011, when these coins were purchased, the unit price was only $0.77: today, with BTC exceeding $109,000, the return on these funds means a monstrous increase of 141,565,494%.

One of the most interesting aspects of this Bitcoin operation is the fact that some of the involved wallets are historically linked to the address used to send thousands of Bitcoins to the famous, but now defunct, exchange Mt Gox.

At the moment of detection by parsing algorithms, the funds remained inactive in the new P2PKH and P2WPKH wallets, suggesting a potential waiting phase or cautious strategy, considering the rarity of occurrence and the enormous value of the amount involved in the transaction.