The recent movement of 80,000 BTC from a long-dormant bitcoin wallet marks a significant event in the cryptocurrency world. These bitcoins, acquired in 2011, hold an aggregate value of around $8.6 billion. With no coins sold, this indicates a strong belief in the long-term value of bitcoin by the owner.
Resurfacing Long-Dormant Bitcoins
According to a report by CryptoRank, a whale who accumulated 80,000 BTC since 2011 moved its assets to new addresses on July 4, 2025. These bitcoins were bought at $0.78 and $3.37 each and remained untouched for 14 years. The current portfolio is now valued at $8.6 billion, with no sell-off confirming the owner's long-term confidence.
Strategic Transfers During the Move
Within a span of 12 hours, seven billionaire addresses holding bitcoin since April-May 2011 moved over $14 billion in BTC. The activity was labeled under 'BTC Whale 4th July,' with each transaction involving precisely 10,000 BTC, highlighting structured transfers rather than random activity. Arkham reported that one address initiated two identical transfers just eight minutes apart.
Coordinated Whale Activity
The last whale address moved its final 10,000 BTC on July 4 at 14:59:38 UTC. This coordinated activity was marked by identical transaction sizes, consistent timing, and unified tagging, confirming it was not a random action. In total, 13 whale transactions were captured, moving assets worth over $14 billion.
The movement of 80,000 BTC underscores the resilience of long-term investment in bitcoin. Such a large transfer of assets may influence the market, affirming that some holders believe in the future value of the cryptocurrency.
