Monday, July 07, 2025

Bitcoin Whale Moves $8.6 Billion in Single Day. Really!

One reason why digital currency is viewed with suspicions and why people are hesitant to invest!

It appears this big news was not picked up by any traditional, conventional news sources (e.g. Reuters, Bloomberg, BBC etc.). 

"July 4 saw the largest single-day transfer of decades-old bitcoin in history, as a wallet that had been dormant for 14 years transferred 80,000 bitcoin, worth about $8.6 billion, to new addresses.

The bitcoin was purchased for less than $210,000 in 2011, during bitcoin’s early-adopter timeframe known as the Satoshi era. Large, early investments like this are known as whales.

The transfer went to eight addresses with a modernized format—10,000 bitcoin each—presumably as a security measure against future computing attacks.

The owner of the bitcoin is unknown, spurring speculation that it could even belong to Satoshi Nakamoto, the mysterious creator of bitcoin who has never revealed his or her identity."

Monday, July 7, 2025 - Join The Flyover

Dormant Bitcoin whale moves $8.6B after 14 years of silence "According to blockchain data from Arkham Intelligence, a dormant Bitcoin wallet that had been inactive since 2011 suddenly awakened on July 4, 2025, transferring a massive 80,000 BTC—worth approximately $8.6 billion—to new addresses in what analysts are calling the largest movement of decade-old coins in Bitcoin's history."

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