#BTCWhaleMovement 
Mysterious Bitcoin Whale Moves $8 Billion in 'Largest Daily' Transfer of Old BTC in History
The sudden movements of the crypto fortune left analysts befuddled.
By Mat Di Salvo
3 min read
Jul 4, 2025

A whale who had held onto a Bitcoin fortune for 14 years on Friday started moving the enormous stash of 80,000 BTC—worth $8.6 billion at today's prices.
The coins started moving in batches of 10,000 BTC, or about $1 billion in BTC, early morning New York time on Friday, data from Arkham Intelligence shows. By 11 a.m. Eastern Time, the $8.6 billion in crypto had been shifted to new addresses.
Eagle-eyed blockchain observers were quick to point out on X that the movements came from an entity that had received the coins back in 2011 as "coinbase" transactions—the first transaction in a block created by miners. When miners create new blocks on the blockchain, they are rewarded with newly minted digital coins.