Did Roger Ver Really Move 80,000 BTC? The Shocking Truth Revealed
Bitcoin's early adopter Roger Ver is back in the headlines—this time for allegedly moving a jaw-dropping 80,000 BTC. But is this another crypto myth or a market-moving reality?
The Whale Watch Begins
Blockchain sleuths spotted the massive transaction, sparking instant speculation. At current prices, that’s billions on the move—enough to make even Wall Street’s high-frequency traders blink.
Why It Matters
Ver’s known for his Bitcoin Cash evangelism, but dumping this much BTC could signal a seismic shift in crypto allegiances. Or just another day in the volatile world of digital asset chess.
The Cynic’s Take
Meanwhile, traditional finance bros are still trying to explain why their 2% yield bonds can’t compete with a decade-old internet money experiment.
The wallet cluster identified as belonging to one early whale was finally emptied | Source: Mempool.space
The 14-year holding also suggested the owner held a strong conviction and would sell in a way that would not crash the market. The size of the holdings is also suitable for a BTC treasury, which would put the owner ahead of Mara Holdings and just behind Strategy (MSTR).
After the initial two transactions moved the coins, the rest were shifted more quickly, in the end emptying the original 14-year-old wallets of their final 10,000 BTC. Some of the coins moved today were acquired in April 2011 at $0.78 per BTC. Other wallets were funded at a price of $3.37. The current price of all coins moved today is above $8.6B.
Did Roger Ver move 80,000 BTC?
On-chain analysts suggest the whale may be none other than Roger Ver, who showed early belief in the long-term future of BTC.
Alright boys that's a wrap 80,000 BTC movedhttps://t.co/yaRDTUoKNU https://t.co/a3TWRG6UXC
— Sani | TimechainIndex.com (@SaniExp) July 4, 2025
Ver was arrested in Spain for misleading tax filings and, in January, pleaded with US President Donald Trump to avoid extradition. One of the hypotheses is that Ver may have to use some of the BTC to achieve a plea deal. If true, then Ver must have kept significant BTC reserves while shilling Bitcoin Cash (BCH). Since the wallets were created before the BCH fork, the owner must also hold 80,000 BTC and other forked coins.
Others suggested that Ver had spent most of his original 600K BTC and that the transfers went to the wallets of the US Government. The newly created wallets do not point to the identity of the recipient.
Was the whale an early miner?
The other hypothesis for the whale is that the wallets were part of the total haul of an early miner, who produced a total of 200,000 BTC.
The coins moved today, if acquired at their respective market prices, would only amount to $250,000.
The whale achieved the biggest daily MOVE for coins aged over 10 years. Previously, the record was for 3.7K BTC from the same age band. Older miners and whales are seen as the most reliable holders, as the old cohorts may also contain inaccessible wallets. Older miners have moved coins from the earliest wallets, dating back to 2010, though at a much smaller scale.
For now, it remains uncertain whether the moved coins would enter the market in some way. Even 80,000 BTC may be absorbed relatively quickly with the expansion of BTC treasury companies and renewed ETF buying.
KEY Difference Wire: the secret tool crypto projects use to get guaranteed media coverage
