Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Rango Exchange Joins zkSync Partner Hub to Advance Cross-Chain DeFi Access

July 8, 2025

Meta reportedly recruits Apple’s head of AI models

July 8, 2025

Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin

July 8, 2025

Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top

July 8, 2025

Will $BTC Hold Above $107K or Break Down?

July 7, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top

    July 8, 2025

    Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence

    July 7, 2025

    Russia Wants to Eliminate Tax Dodgers in Bitcoin Mining: Report

    July 7, 2025

    Bitcoin’s Liquidity Lifeline Just Got Cut—What You Need To Know

    July 7, 2025

    Chinese Regulators Raise Alarm on Illicit Stablecoin Activity

    July 7, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Bitcoin » Satoshi-era Bitcoin whale shuffles $8.6 billion, is a dump incoming?
Bitcoin

Satoshi-era Bitcoin whale shuffles $8.6 billion, is a dump incoming?

Crypto Observer StaffBy Crypto Observer StaffJuly 7, 2025No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

A Bitcoin wallet holding billions just came back online after more than a decade of silence, and it’s now shifting its assets across fresh addresses.

Blockchain intelligence platform Arkham recently spotlighted the re-mergence of a long-dormant Bitcoin whale, which moved roughly $8.6 billion worth of Bitcoin across eight different wallets after 14 years of dormancy.

Each of the wallets had originally received BTC between April and May 2011, back when Bitcoin was still trading below $1. The funds were split into various portions and transferred into eight new addresses, where they currently remain untouched.

A single entity moved $8.6 BILLION of BTC from 8 addresses in the past day.

All of the Bitcoin was moved into the original wallets on either 2nd April or 4th May 2011 and has been held for over 14 years.

Currently, the Bitcoin is sitting in 8 new addresses and has not been… pic.twitter.com/nm53tVRzLJ

— Arkham (@arkham) July 4, 2025

The return of long-dormant whales from the early BTC days is often associated with efforts to realize profits, and such large volumes spark speculation that a whale may be preparing to offload a significant portion of its holdings.

However, Arkham Intelligence added that the movement patterns suggest that the transfers were likely part of address upgrades, with the entity moving assets from outdated to newer wallet formats. This kind of shift is often done to improve security and reduce transaction fees, especially for wallets that have remained untouched for years.

The total value of the BTC held across the wallets now sits slightly above $8.62 billion at current prices. Commenting on the whale’s resurgence and movement, 10x Research pointed to growing signs that Satoshi-era wallets like these are quietly offloading into rising Bitcoin ETF and institutional demand. 

According to their research, these early holders, often referred to as “OG whales,” have been gradually reducing their exposure since mid-2024. While the recently reactivated wallets haven’t sold,10x suggests they’re part of a broader shift beneath the surface that may help explain why Bitcoin’s upside has been capped, despite strong seasonal trends and ongoing accumulation by ETFs.

At the time of writing, Bitcoin is trading at $108,729, posting a modest 0.64% gain over the past 24 hours.



Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin

July 8, 2025

Will $BTC Hold Above $107K or Break Down?

July 7, 2025

Metaplanet Picks Up Additional 2,205 BTC, Holdings Now Cross 15,555 Bitcoin

July 7, 2025

Crypto Price Prediction 2025: BTC, ETH, BNB, ADA, LINK, AVAX, ARB, DOT, SOL

July 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Rango Exchange Joins zkSync Partner Hub to Advance Cross-Chain DeFi Access

July 8, 2025

Meta reportedly recruits Apple’s head of AI models

July 8, 2025

Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin

July 8, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence

July 7, 2025

Russia Wants to Eliminate Tax Dodgers in Bitcoin Mining: Report

July 7, 2025

Bitcoin’s Liquidity Lifeline Just Got Cut—What You Need To Know

July 7, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.