Dormant Bitcoin Whale Stirs After 14 Years—Shifts $468M in Jaw-Dropping Move

A Bitcoin whale just woke from a 14-year slumber—and made waves with a half-billion-dollar move. Here’s why it matters.

The sleeping giant awakens

On-chain data reveals a pre-2011 wallet suddenly sprang to life, dumping $468M worth of BTC into the market. The timing? Suspiciously precise—just as institutional FOMO hits a fever pitch.

Market tremors ahead?

Whale moves like this often signal major price pivots. Either someone’s cashing out at the top… or repositioning for the next bull run. Meanwhile, Wall Street’s ‘crypto experts’ are still Googling ‘UTXO.’

One thing’s certain: when OG hodlers twitch, the market listens. Buckle up.

This is not the only ancient wallet to come alive recently. On July 23, a vintage user transferred over 10,600 BTC, currently valued at over $1.2 billion. According to research tool lookonchain another wallet has transferred in excess of 40,000 BTC this month alone, of which some was transferred to Galaxy Digital for SAFE storage.

The Bitcoin OG with 80,009 $BTC($9.46B) seems to be selling $BTC!

In the past hour, they transferred 9,000 $BTC($1.06B) to Galaxy Digital—likely preparing to sell through their services.https://t.co/HDOrGt7zWO pic.twitter.com/MDkXySZpd9

These big transactions have sparked numerous speculations. Some believe that the owners are selling their coins now that the price is up. Others ask themselves who these individuals are and some even propose that the Bitcoin creator, Satoshi Nakamoto, is behind this.

Coinbase’s Conor Grogan explained one of these wallets probably belongs to an individual who mined Bitcoin when it was new. It was easier to mine back then, and individuals received 50 BTC as a block reward much more often than today’s 3.125 BTC.

There is a small possibility that the $8B in BTC that recently woke up were hacked or compromised private keys

I found a single BCH test transaction from one of the BTC whale clusters 14 hours ago, followed by the full amount. An hour later, the BTC wallets began to MOVE (1/3) pic.twitter.com/VzRnaUyIG7

Despite such significant movements, Bitcoin’s price remained close to $118,500 throughout the day, while the broader market was quiet.

Also Read: Block Joins S&P 500, Launches Bitcoin via Square