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Bitcoin Whale Moves 80,000 BTC

The movement of $8B in BTC after 14 years of wallet dormancy triggered trader concern over the weekend.
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Jul 7, 20251 min read

A collection of BTC wallets dormant since 2011 moved $8.6 billion worth of holdings in batches of 10,000 BTC, putting Crypto Twitter in a tizzy.

What’s the Scoop?

  • Historic Movement: One of the largest Bitcoin wallets, holding 80,000 BTC since 2011, began transferring funds—totaling $8.6 billion at current prices.
  • Transferred in Batches: The Bitcoin was moved in increments of 10,000 BTC to new addresses, raising questions about the intent behind the transfers.
  • Longest Dormant Coins: These coins, untouched for over a decade, represent one of the longest dormancy periods before mobilization in Bitcoin history.

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