#BTCWhaleMovement

🐋 Movements of dormant wallets (~14 years)

Several wallets that accumulated BTC in 2011 (~$0.78/BTC) were reactivated in early July, transferring massive amounts without signs of immediate selling:

A wallet “12tLs” moved 10,000 BTC (~$1 billion).

In total, 20,000 BTC were moved by two of these wallets altogether.

Other sources mention up to 60,000 to 80,000 BTC transferred in blocks of 10,000, with no visible deposits on exchanges.

These transfers correspond to gains of about 140,000 times the initial purchase price, but the fact that they have not been sent to exchanges suggests a repositioning into cold storage, rather than a selling signal.