A bitcoin whale that went silent in 2013 moves $40 million in BTC
The transfer involved about $40 billion in bitcoin, and analysts said the destination wallet does not appear linked to a known exchange.
- A Bitcoin whale moved coins worth $40 billion to a new address on Sunday, marking the largest transaction in 13 years after the wallet remained dormant since 2013.
- Dormant Bitcoin wallets have increasingly resurfaced since BTC first crossed $100,000 in late 2024, with several early investors moving long-held coins after Bitcoin's massive rally.
- Exchange reserves dropped to 2.21 million BTC, or 5.88% of circulating supply—the lowest in seven years. Every coin whales move off exchanges shrinks available sell-side supply.
- Large institutional buyers now have direct Bitcoin access through ETFs; BlackRock's IBIT recorded $269.3 million in net inflows and Fidelity's FBTC took in $53.3 million.
- For Bitcoin, whale accumulation is a watched bottom signal; 2,028 whale wallets spent roughly $23 billion, suggesting a price floor may be forming despite uncertainty about timing.
14 Articles
14 Articles
Bitcoin ‘whale’ worth 40 billion USD awakens
After more than 10 years of holding, an investor has transferred $40 billion worth of Bitcoin to a new wallet amid a cryptocurrency recovery. A Bitcoin (BTC) “whale” has suddenly become active again. In the field of cryptocurrency, this term is used to refer to wallets that hold large amounts of Bitcoin, each of whose […]
The price of Bitcoin increased almost 90 times during this period. Read more
An ancient Bitcoin whale has just moved 500 BTC that have remained motionless since 2013. At the time, this pactole was worth about 457,000 dollars. Today, it weighs almost 40.6 million dollars. This onchain movement recalls a simple reality: in Bitcoin, time can turn a forgotten address into a historic safe. The article A Bitcoin whale has moved 500 sleeping BTCs for 12 years: 457,000 dollars at the time, 40.6 million dollars today appeared fir…
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